OREANDA-NEWS. Expert RA Rating Agency (RAEX) downgraded Svyaznoy Bank credit rating to B++, which means "Acceptable level of creditworthiness" and changed the rating outlook to "developing". Developing outlook means rating stability and change are equally likely in the mid-term. Previously the Bank had credit rating A ("High level of creditworthiness"), the second sub-level, "stable" outlook.

The Bank rating is supported by low level of concentration of active operations on objects of major credit risk and low level of accepted currency risks.

The rating review is due, first of all, to reduction of high liquid assets and worsening of the owners' abilities to support the Bank.

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