Rus-Rating affirms URSA Bank’s credit rating

7 February 2008 (09:04)

Rus-Rating, the rating agency, affirmed URSA Bank’s Credit Rating at BB+ thanks to the bank’s impressive share of the regional market, transparent and clear ownership structure, nice corporate management, general financial success, and the fact that the bank has some globally recognized international organizations among its proprietors.

URSA Bank has also been rated by Moody’s (the agency affirmed the bank’s Credit Rating at Ba3, with the Stable Rating Outlook) and Fitch (the agency affirmed the bank’s Credit Rating at B, with the Positive Rating Outlook).

This positive rating results from URSA Bank’s ability and readiness to fully meet all of its financial liabilities. Rus-Rating assessed the bank’s lending capacity as Medium and its financial situation as Satisfactory and Stable.

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