RusRating Agency changed SDM-BANK rating outlook from stable to positive in December 2006.
28.11.2007RusRating Rating Agency changed SDM-BANK rating outlook from stable to positive. RusRating reports, that “the positive outlook is due to improvements in the structure of liabilities (reduced dependence on key clients and an inflow of long-term resources from non-resident investors) as well as rising profitability”.
In December, 2006 SDM-BANK received 10-year loan in the amount of $7.5 million from WBC (USA) to finance its portfolio of loans to small and medium-sized enterprises. The loan is supported by the Overseas Private Investment Corporation (“OPIC”), an agency of the U.S. government.
Since November 2003 the Bank has rating by the RusRating Agency. The short-term rating confirmed in December 2006 is “B+” (positive outlook).
2005-2006 RusRating Reports are available here (http://eng.sdm.ru/about_sdm_bank/ratings)