National Rating Agency
In November 2015, the National Rating Agency (NRA) once again confirmed the credit rating for Rosenergobank at A+ with positive implications. Among key drivers affecting this favorable rating assessment, the NRA’s experts pointed out such factors as the Bank’s sustainable liquidity position, the high-performing securities portfolio, the asset and capital growth with the size of the assets growing by 60%, and the capital increasing by 37% to reach 58.2 and 8 billion RUB, respectively. Other positive drivers affecting the A+ rating were the Bank’s credit portfolio expansion, greater client base attracted, and the reduced amount of the outstanding debt overdue and loans. The NRA specifically emphasizes the contribution of such positive drivers as the redemption of the high-value deposits attracted in late 2014 with lower-cost fund raising mechanisms now used instead and greater own funds and capital adequacy due to raising the perpetual subordinated loan.
In June 2009, Rosenergobank was rated by the National Rating Agency (NRA) for the first time with the A- credit rating specifically assigned to it as a banking entity (highly creditworthy, level 3), which was revised to a higher level in 2010 (А, highly creditworthy, level 2). In 2011 Rosenergobank earned the А+ credit rating (highly creditworthy, level 1), which was again confirmed in August 2014 with positive implications. In July 2016 NRA confirmed the credit rating of the bank at A+ level with the stable outlook.
On 18.05.2011, Moody’s Investors Service assigned its first-time rating to Rosenergobank. Moody’s assigned the following global ratings: “B3/Np/E+).
- E+ standalone bank financial strength rating (BFSR), which maps to B3 on the long-term scale;
- Not Prime short-term local and foreign currency deposit ratings;
- Stable outlook.
On 01.09.2016, Moody's Investors Service affirmed Rosenergobank's B3 long-term local and foreign-currency deposit ratings.