Expert RA Confirms United Special Depositary Reliability Rating
OREANDA-NEWS. 'Expert RA' rating agency confirmed 'United Special Depositary' reliability (long-term creditworthiness) rating A+, which means very high reliability (long-term creditworthiness), and changed the sublevel from the second to the first; the outlook is stable.
The acceptable risk management, high quality of software in use and high qualification of the Company's personnel had a positive impact on 'United Special Depositary' rating. The absence of debt, increase in the depositary customer base and special depositary services also had a positive impact on the rating.
The Agency's analysts highlight the low ratio of the Company's equity to the market value of securities accepted for depositary services and to the assets controlled by the Special Depositary among the rating-restraining factors.