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29.10.2018

ruAA Rating Confirmed by Expert RA

On October 29, 2018, Expert RA rating agency confirmed the Bank’s credit rating at ruAА. A stable outlook is retained for the rating. The Bank’s rating is driven by satisfactory market positions, high capital adequacy ratio with low return on assets and adequate asset quality, strong liquidity position and adequate management quality. The rating enjoys a positive effect from high probability of financial and administrative support on the part of federal authorities and shareholders conditioned upon the Bank’s role as a development institution.