ACRA confirmed the highest credit rating of Rosbank
- 17 April
Analytical Credit Rating Agency (ACRA) confirmed the highest credit rating of PJSC ROSBANK at the level of AAA (RU). The rating forecast is "stable", which implies that the rating will remain unchanged for the next 12 to 18 months with the highest probability.
Rosbank credit rating is based on a high level of assessment of its own credit capability, as well as a very high probability of providing support from a shareholder with a high level of credit capability. According to the agency, if necessary, Societe Generale Group is ready to provide Rosbank with both short-term and long-term financing, as well as to inject capital. Rosbank also has a strong business profile, an adequate risk profile assessment, a strong liquidity position and a balanced funding portfolio, according to the agency. The full list of evaluation parameters is available on the ACRA website.
Rosbank enters the Top-3 rating of reliable Russian banks according to Forbes magazine in 2020, and also has the highest credit rating of RAEX (Expert RA) at the level of ruAAA.