OREANDA-NEWS. National Rating Agency is withdrawing its reliability rating on Pallada Asset Management CJSC due to expiry of the contract and the company's decision to stop participating in the rating process.

On withdrawal, the company's reliability is accessed at 'AA' based on the results of our analysis of Dec 31, 2014.

Pallada Asset Management's reliability rating of 'AA' was reaffirmed on Oct. 17, 2014.