OREANDA-NEWS. 'Expert RA' rating agency confirmed 'AVB Bank' creditworthiness rating A, which means high credit solvency; the sublevel changed from the third to the second; the stable rating outlook was maintained.

Good coverage of operating costs with net interest and commission income, low concentration of raised funds on major lenders and a good balance of assets and liabilities, by their maturities, in the mid-term support the Bank rating.

'Expert RA' analysts highlight high concentration of active transactions on the major credit risk items, low profitability and high reliance of the Bank on deposits as the source of funding, combined with narrow geographic diversification, as the key rating-restraining factors.