Rating for Vneshprombank is increased to “B”
http://russianamericanbusiness.org/web_CURRENT/articles/846/1/Rating-for-Vneshprombank-is-increased-to-%93B%94
News Service
By News Service
Published on 09/25/2011
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At the end of April, the Standard and Poor’s rating agency increased the long-range counterparty issuer rating for Vneshprombank from “B-” to “B”. The national scale rating of the bank increased from “ruBBB” to “ruA-”. The bank’s short-term rating remained at “C”.
At the end of April, the Standard and Poor’s rating agency increased the long-range counterparty issuer rating for Vneshprombank from “B-” to “B”. The national scale rating of the bank increased from “ruBBB” to “ruA-”. The bank’s short-term rating remained at “C”. In the news
At the end of April, the Standard and Poor’s rating agency increased the long-range counterparty issuer rating for Vneshprombank from “B-” to “B”. The national scale rating of the bank increased from “ruBBB” to “ruA-”. The bank’s short-term rating remained at “C”. All ratings were assigned with a stable outlook.
The agency’s decision to enhance the profile of Vneshprombank illustrates the financial institution’s constructive course of business development. The agency also commended Vneshprombank for engaging in better-than-average asset quality monitoring and maintaining a high liquidity cushion.