Expert RA confirmed SKB-BAnk's credit rating at A+

13 August 2013 (10:23)

August 13, 2013. Expert RA, a rating agency, confirmed SKB-Bank's credit rating at A+ (Very High Credit Rating), with Stable Rating Outlook.

Analysts commented on such positive factors as strong competitive products and a wide geographical network, a diverse range of transaction options for customers, and a good balance of both short-term and medium-term assets and liabilities. The facts that the bank depends very little on the large investors' funds, has a big share of long-term funding in its assets and liabilities ratio, is very likely to be supported by the primary beneficiary, and enjoys access to substantial additional market liquidity resources made a very good impact on the bank's rating as well.

A+ (Very High Credit Rating) is one of the highest positions on the rating scale; it is assigned to lending institutions which are highly likely to meet all of their financial obligations both in the short and medium term.


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