SKB-Bank’s International Rating Affirmed at BBB-

8 April 2013 (09:24)

April 8, 2013. Rus-Rating affirmed SKB-Bank’s credit ratings as of April 2, 2013. The bank’s international rating stands at BBB-, its national scale rating is at AA-. These are the top results among the national scale ratings assigned to Sverdlovsk Region-based banks, SKB-Bank’s press service reports.

The bank’s rating stems from its advanced and stable position on the region’s market, its financially strong proprietors who are likely to support the business, good quality corporate governance, effective development strategy, and good business dynamics.

‘SKB-Bank is the Urals’ largest lending institution, with business focused on lending and offering banking services to companies and private individuals; the bank enjoys a good business reputation and impressive brand awareness on the region’s market,’ the analysts behind the rating report.

The ratings of Russian banks, with some comments, can be found on Rus-Rating’s website.


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