Standard & Poor's has published report on B.I.N.BANK's business profile (ratings B-/Stable)

Standard & Poor’s has published report on B.I.N.BANK’s business profile (ratings B-/Stable). Among strong points of the Bank S&P has noted adequate liquidity enabling the Bank to navigate the liquidity tension in the fourth quarter of 2007, stable funding base tending to further diversification, adequate capitalization and historically low level of NPLs among market peers. In S&P opinion, rating can be upgraded if the Bank maintains the stability of its funding base and generates sustainable profits from a wider customer base. S&P also has stated that considers the Bank’s business relationships and management stabilized since the deal on the Bank’s sale has been cancelled. In general, S&P assessed the Bank’s position as reliable and highlighted its expectations on further improvement in the short term.

For S&P report, please click here »

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