Fitch reaffirmed the Evrofinance Mosnarbank’s ratings

Fitch Ratings, the international rating agency, has reaffirmed credit ratings previously assigned to Evrofinance Mosnarbank:
• Long-term – ‘B’ (outlook - Stable)
• Short-term – ‘B’
• Individual – ‘D’
• Support – 5
• Long-term (national scale) – ‘BBB’ (outlook - Stable).

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The credit portfolio of the Volgograd branch of the Bank of Moscow has topped 8 billion roubles The branch is working successfully both in lending to legal entities and individual entrepreneurs, the volume of loans amounting to 5.3 billion roubles, and in the sphere of lending programmes private individuals. [Read...]