OREANDA-NEWS. 'Expert RA' rating agency upgraded 'Peresvet' Joint Stock Commercial Bank creditworthiness rating to А++, which means extremely high (highest) credit solvency, the outlook is stable. The stable outlook means high probability of maintaining the rating in the mid-term. The Bank used to have rating А+, which means very high credit solvency, the first sub-level, the positive outlook.

High probability of support by the authorities, high profitability and low past-due loan portfolio debt have a positive impact on 'Peresvet' Bank rating.

The low Tier 1 capital adequacy is the main factor restraining 'Peresvet' Bank rating. The Agency also highlights concentration of active transactions on major customers and the Bank's dependence on the construction sector environment.