OREANDA-NEWS. National Rating Agency has affirmed its A+ credit rating and its AAA reliability rating on Renaissance Broker LLC.

The rating affirmation for Renaissance Broker is based on its improving key financial performance indicators, growing gross turnover and good-quality assets. The company maintains a solid growth pace and strengthens its risk management systems. We give credit to Renaissance Broker for the ability to honour its obligations. We also note its strong competitive position; the companys well-established relations with large and well-known institutional clients help offset the retail brokerage risks and bring down operational and other expenses.  The company has a professional management team and a long track record of successful operation in the stock market. In our opinion, Renaissance Broker demonstrates strong corporate governance practices and has an up-to-date organizational structure that helps minimize the operational and business risks.

We note the companys above-average, albeit somewhat declined, balance-sheet liquidity and still strong creditworthiness.