NRA Affirms UBRD Rating at AA

31 August 2016 (09:19)

UrBC, Yekaterinburg, August 31, 2016. The National Rating Agency confirmed the Ural Bank for Reconstruction & Development’s credit rating at AA (one of the highest), the bank’s press service reports.

The agency analysts rated the bank’s risk management policy as well as its NPL reserves very high. Besides, the bank is a very strong player on its national markets, enjoys shareholders’ support, has greatly diversified asset and liability structure, and keeps making profit.

‘The UBRD keeps on developing even under the existing economic conditions. Its performance indicators are proof that the bank has chosen the right strategy,’ says UBRD Holistic Risk Management Director Dmitri Zavyalov.

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