Expert RA Confirms TRUST Bank Credit Rating
OREANDA-NEWS. Expert RA Rating Agency (RAEX) confirmed its Level A, Sublevel 3 credit rating (high creditworthiness) in respect of TRUST Bank. The outlook was changed to 'developing'; there is an equal probability for the rating to either hold, or change in the medium term. Earlier, the Bank enjoyed stable outlook.
Low concentration of activities in riskier lending environment was the key factor that influenced the rating positively.
The downside pressure was provided by an increasing amount of overdue loans to physical persons.
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