S&P estimated Russia's Rosbank with stable outlook

Standard & Poor’s Ratings confirmed the Long-term ratings of Rosbank with stable outlook, noted its work condition’s stabilization and passing bad debt peak.

“We think that bad debt peak is passed and liquidity in sector was heightened simultaneous with improvement of refunding perspectives”, - said S&P credit analyst. S&P observes that many Russian banks improved its abilities of loss absorption thanks to reserve’s increase, high return, which was received by cash infusion lately.

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