S&P affirmed the ratings of “RosEvroBank” at the level “BB -“

S&P Global Ratings of 8 December 2017 affirmed the long-term and short-term credit ratings to AKB “RosEvroBank” on the level “BB-/B”. The Outlook remains “stable”.

“The affirmation reflects the fact that RosEvroBank continues to demonstrate a good ability to generate profit, and supports stable asset quality, high level of impaired loans coverage by reserves, and strong liquidity. Our rating action also takes into account the possible acquisition of additional minority stake in RosEvroBank OJSC, Sovcombank (BB-/Stable/B)”, – said the rating Agency.

S&P affirmed the ratings of “RosEvroBank” at the level “BB -” 11.12.2017

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