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RusRating Increased SDM-BANK Rating

20.03.2009
March 20, 2009

SDM-BANK’s rating has been increased from BB- to BB in connection with a review of credit rating criteria and general rating upgrade. As per RusRating (www.rusrating.ru) report the positive factors include a strong likelihood of official support (in the form of credit resources), a solid client base and healthy earnings. Potentially destabilizing factors include reliance on retail deposits and on-call resources, a limited volume of long-term market resources and above-average loan concentration by individual borrower.
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