“Expert RA” confirmed the rating of ROSBANK on the level of “giaa” with a stable Outlook

"Эксперт РА" подтвердило рейтинг Росбанка на уровне "ruААА" со стабильным прогнозом

The rating Agency “Expert RA” confirmed the credit rating of ROSBANK (MOEX: ROSB) on the level of “giaa” with a stable Outlook, according to a press release from the Agency.

“The rating reflects strong market positions, high asset quality, high capital buffer and an acceptable level of profitability, strong liquidity position and high quality of corporate governance”, – stated in a press release.

The Agency took into account high probability of financial support, if necessary, from the parent structure (French Societe Generale (PA:SOGN)) – the 17th largest in the world, systemically significant Bank according to the classification of the Basel Committee as of January 1, 2020, and administrative support from the state due to systemic importance of credit institutions in the Russian banking system.

Currently in circulation is 20 of the exchange bonds of the Bank at 117.8 billion rubles and 5 classic releases 30 billion rubles.

ROSBANK in the first quarter of 2020 has occupied 12-e a place on volume of assets in ranking “Interfax-100” prepared “Interfax-TSEA”.

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