OREANDA-NEWS. October 30, 2015. National Rating Agency has assigned its ‘A’ national scale credit rating to Escada Financial Center LLC (OOO Financial Center ‘Escada’). This is the first time that the company is rated by NRA. The credit rating assigned to the company has been placed on the Agency's ‘Holding and Financial Companies’ rating list.

The rating is underpinned by the company's business model that does not allow debt financing (there are almost no credit and loan obligations, debt financing is not planned), good assets quality and high liquidity, profitable activity during the analyzed period, as well as potential support from strategic partners if necessary.

The rating is constrained by low level of equity capital and low profitability, which cause the low growth rate. The Agency also notes the company's high dependence on funds generated by the financial investments portfolio, as well as high concentration of the revenue base, which may affect the stability of the financial result.

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