OREANDA-NEWS. National Rating Agency has affirmed its ‘AA-’ reliability rating on Orenburg-Based DOVERIE NSPF CJSC (Doverie). The outlook for the rating is Stable. The company’s first-time reliability rating of ‘AA-’ was assigned in 2013 and affirmed in 2014.

The rating affirmation is based on the Fund’s stable position and strong performance in the obligatory pension insurance market, as well as its growth potential in the private pension management market The rating recognizes Doverie’s long track record of successful operations, its well- conceived growth strategy, transparency and visibility for members covered by its pension plans and insures, robust operational standards and strong corporate governance practices.

The rating is constrained by the low share of “capital and reserves” item in Doverie’s total assets and reserves.

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