OREANDA-NEWS. Expert RA Rating Agency (RAEX) confirmed Stavropolpromstroybank credit rating A, which means "High level of creditworthiness", the first sub-level. The rating outlook is "stable".

Main factors positively influencing the rating score are good balance of assets and liabilities by maturities in the short-term and long-term, low dependence of resource base on funds of the largest creditors and high level of business operating expenses coverage by net interest and commission income.

The analysts mention low quality of loan portfolio and insufficiently conservative policy of loan provisioning as key factors restraining the rating level. Expert RA is Russian rating agency working on a global scale, incorporated in 1997 by Expert magazine. Expert RA is a true market leader in ratings and survey-communication activity.

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