On June 29, 2020, Russia's Analytical Credit Rating Agency (ACRA) affirmed the credit rating of SBI Bank LLC at BBB-(RU), with a stable outlook, the rating agency informed.
The credit rating assigned to SBI Bank LLC (hereinafter, SBI Bank, or the Bank) reflects the high likelihood of extraordinary support from the Supporting Organization with a fairly high creditworthiness. SBI Bank's standalone creditworthiness assessment (SCA) is based on adequate capital adequacy, a weak risk profile, adequate funding and liquidity, and a medium business profile.
SBI Bank is a small Moscow-based bank that ranked 158th in terms of assets and 137th in terms of equity among Russian banks as of May 1, 2020. Since 2017, SBI Holdings, Inc. (hereinafter, the Supporting Organization, or the SO) has been the sole owner of the Bank, with a 100% share in its charter capital.
SBI Holdings, Inc. is a Japanese financial holding focused on the provision of financial services, including brokerage, banking and investment, asset management services, etc. via the internet.
"AK&M", 29.06.2020 16:31