OREANDA-NEWS.  National Rating Agency affirmed its ‘BBB+’ credit rating on Plus Bank OJSC before withdrawing it due to expiry of the rating contract.

On July 29, 2009, the bank was assigned a credit rating of ‘BBB+’, which was raised to ‘A-’ on Sept. 20, 2010, affirmed at this level on Oct. 5, 2011, Oct. 18, 2012 and Nov. 14, 2013, and then lowered to ‘BBB+’ on Dec. 2, 2014 with a negative outlook.

The Omsk-based Plus Bank was founded in 1990 and was initially named Omsk-Bank Joint-Stock Commercial Mortgage Bank. Mavlit Akhtyamov, Yury Yablonsky and Alexey Parfenov became the bank’s main shareholders in 2010, while smaller stakes were owned by the Kazakhstan-based TsesnaBank JSC and the UAE-based Linex Global FZE. Currently, the principal shareholders are TsesnaBank (19.97%), Linex Global FZE (19.91%), Alexey A. Parfenov (19.28%). The UAE-based HARBORLITE INVEST LIMITED (16.00%), Mavlit K. Akhtyamov (15.94%).

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