ACRA affirms its rating of Renaissance Credit with a positive outlook

ACRA affirms its rating of Renaissance Credit with a positive outlook

ACRA affirms its rating of Renaissance Credit with a positive outlook

The Analytical Credit Rating Agency (ACRA) has affirmed the credit rating of Renaissance Credit Bank at BBB- (RU) with a positive outlook.

According to ACRA, the credit rating is due to the bank's moderate business profile with adequate positions in capital adequacy, funding and liquidity. ACRA experts also note that the “positive” outlook is associated with the expected improvement in the ratings of the bank's rating factors after the end of the crisis caused by the quarantine restrictions imposed against the background of the coronavirus pandemic. “As for the Renaissance Credit business profile, it reflects the average positions in the banking system. Russia.

According to the results of the 2nd quarter of 2020, Renaissance Credit ranked 45th in terms of assets in the Interfax-100 ranking prepared by Interfax-CEA.

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