RAEX Confirms Radiotechbank Credit Rating
OREANDA-NEWS. Expert RA Rating Agency (RAEX) confirmed RADIOTECHBANK credit rating A, which means "High level of creditworthiness", the first sub-level. The rating outlook is "stable".
Medium high level of capital adequacy and low concentration of attracted funds on big creditors are highlighted as key factors exerting positive influence on the creditworthiness of the Bank.
Main negative factors which restrain the rating of the Bank are low profitability ratios and insufficiently conservative provisioning policy.
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