OREANDA-NEWS. 'Expert RA' rating agency confirmed 'Nefteprombank' creditworthiness rating A, which means high credit solvency, and upgraded the sub-level to one. The second sub-level was applicable earlier. The rating outlook is stable.

High loan portfolio quality, acceptable capital adequacy and high loan security support the Bank rating. In addition, the provisioning ratio adequate to the current credit risk level and a good balance of assets and liabilities, by their maturities, in the long-term have a positive impact on the rating.

High concentration of active transactions on major credit risk items, high operating costs of the Bank, the high share of liabilities maturing within 30 days in gross liabilities are highlighted as the rating-restraining factors.