UBRD rating affirmed at AA-

The National Rating Agency affirmed the Ural Bank for Reconstruction and Development’s individual paying capacity rating at AA- (extremely high capacity Level 3).

The bank’s financial situation at the moment is seen as stable and strong. The bank keeps on expanding its share of the market dynamically, its performance indicators are adequate to the market opportunities and reflect the growing inflow of resources, primarily from the deposits and their later investment in business and consumer loans as well as in a marketable blue chips portfolio. The profitability of the bank’s transactions is seen as positive,’ says the agency’s senior analyst Maxim Vasin.

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