OREANDA-NEWS. February 2, 2012. The rating agency "Expert RA" has raised the Bank's credit rating, "GROWTH" to A "high level of creditworthiness." Forecast on rating is stable. Previously, the bank acted rating of B + + "acceptable level of solvency," forecast "stable."

The key factors contributing to the increase in ratings of the Bank's "growth" were increased level of security of the loan portfolio and consistently high quality loan portfolio. "The merger with Bank of Norvik has increased the amount of equity capital and relieve pressure on the H1, associated with an increase in business" - says Stanislav Volkov, head of credit rating institutions, "Expert RA". Positively to the rating also affect the acceptable level of capital adequacy and good balance of assets and liabilities by maturity on short-term horizon.