20.05.2009 /Bank's Ratings
 Expert RA assigned the A+ credit rating to SB Bank – "Very high level of solvency".
Expert RA, the leading provider of independent credit ratings in Russia, assigned the A+ credit rating to SB Bank – "Very high level of solvency". The rationale underlying such a high credit opinion is the Bank's sustainable financial performance. The major factor that impacts the credit standing of SB Bank is the high equity adequacy ratio (H1 standard as of 01.03.2009 equals 24.6%). The Bank's risk management group efficiency has been reaffirmed through demonstrated low level of the NPL of the Bank. The level of the NPL of SB Bank as of 01.03.2009 equaled 0.81% whereas the loan prolongation ratio has not exceeded 5.5%. Intelligent lending policy is a strong point of SB Bank's banking practice. The experts' highlights are the adequate margin of safety and the highly diversified funding. Its name among the banks that have unsecured lending limits set up by the Bank of Russia is another cutting edge of the Bank. What else is crucial for the highly positive evaluation of SB Bank, in the experts' opinion, is the Bank's strict compliance with transparency rules, the rules set up for A+ category lending institutions. The awarded rating is also underpinned by the good name and reputation of SB Bank. A+ credit rating is assigned to a lending institution when it is able in the near term with a high degree of likelihood to ensure the due discharge of all of its obligations, current as well as unscheduled. The ability to discharge obligations in the mid-term period is highly dependent on the sustainability of the macroeconomic climate and market performance. Other banks that enjoy A+ credit rating are Petrokommerz, Russbank, and Transcapitalbank.
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