METCOMBANK gets its national rating affirmed at AA-

4 March 2014 (10:11)

March 04, 2014. The National Rating Agency affirmed the national scale rating of METCOMBANK at AA- (very high solvency, Level 3), with Positive Rating Outlook, the bank's press service says.

Analysts report that the affirmation of the rating had to do with the bank's stable financial performance, its strong market positions, and a well-diversified customer base.

Positive Rating Outlook was brought about by the increase in the customers' borrowing activity and could actually prove positive if the bank's lending portfolio retains its good quality and the market risks keep going down.

'The bank's liabilities remain stable and are diversified enough in terms of the primary funding sources. The customers' money that normally make up the basis of a bank's resource base come from both private individuals and legal entities. The bank is currently offering its services to 15,000 retail customers and 8,000 corporates,' the National Rating Agency's press release says.


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