Expert RA Confirms COR Joint Stock Commercial Bank Rating
OREANDA-NEWS. 'Expert RA' rating agency confirmed 'COR' Joint Stock Commercial Bank creditworthiness rating A, which means high credit solvency, the second sub-level. The rating outlook is stable. The stable outlook means high probability of maintaining the rating in the mid-term.
High capital adequacy and good acid ratio and current ratio values are the key factors having positive impact on the rating.
Low loan portfolio quality and moderately high concentration of major credit risks were the main factors having a negative impact on the Bank's creditworthiness.