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07/12/2018
16:42
ACRA affirms credit rating of Gazprombank

On December 6, 2018, Russia's Analytical Credit Rating Agency (ACRA) affirmed the credit rating of Bank GPB (JSC) 'AA'(RU), with a positive outlook, the rating of the bank's bond issues at 'AA'(RU), the rating agency informed.

The credit rating of Bank GPB (JSC) (hereinafter, Gazprombank or the Bank) is based on its strong and stable business profile, adequate capital position, satisfactory liquidity and funding positions, and neutral risk profile assessment. The rating is supported by Gazprombank's critical systemic importance for the Russian financial market, ACRA notes.

Gazprombank (JSC) (GPB, tax number: 7744001497) established in 1990 is among the three largest banks of Russia in terms of financial performance. The bank serves the key industries of the Russian economy (gas, oil, nuclear power, chemistry and petrochemistry, black and non-ferrous metallurgy, electric power.

IFRS net profit of Gazprombank for 9 months of 2018 was RUB 41.5 billion.

"AK&M", 07.12.2018 12:52

 

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