The National Rating Agency has confirmed granting Obibank an individual credit rating of “A” high credit worthiness (third-level). In a press release, the agency attributed the high rating to the bank’s high proportion of liquid assets, high growth during the year, high reserves against losses, ability to earn regular income and stable relationships with several large corporate clients, as well as the strong position of METROPOL Group and its diversified business. In addition, the agency says the owners of the bank will most probably support it, if necessary, and it has high growth prospects thanks to the involvement of new foreign investors.

The full text of the press release can be found on the agency’s website at:

http://www.ra-national.ru/?page=press-releases&news=1381