UrBC, Yekaterinburg, July 4, 2017. The rating agency Expert RA affirmed SKB-Bank’s credit rating at ruBB, with Stable rating outlook, the bank’s press service reports.

The agency feels the bank managed to get both its transaction types and its resource base diversified successfully across customer categories. The current rating is also supported by the bank’s strong market position (No.27 (in terms of private individuals’ loan book) in the national rating as of June 1, 2017), a wide geographical network, low foreign currency risks, and the increased likelihood of being backed up by the largest end beneficiary.

Expert RA analysts report SKB-Bank specializes in unsecured consumer loans, cash and settlement services for businesses, and securities and foreign currency transactions. In addition to its HQ in Yekaterinburg, the bank also operates seven subsidiaries, sixty-four additional branches, and eighty-six regular branches in Russia’s eight federal districts.