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RusRating Upgrades SDM-Bank to BB+

07.06.2011
 
 

RusRating Upgrades SDM-Bank to BB+

 

On June 7, 2011 RusRating upgraded SDM-Bank from “BB” (positive outlook)

to “BB+” (stable outlook).

The rating upgrade reflects the Bank’s stable financial indicators

and positive development trends.

 

In particular the rating agency highlighted the following facts:

· presence of EBRD as a capital investor,

· strong management,

· solid market positions in the Bank’s core line of business,

· healthy asset quality,

· stable and satisfactory financial results.

 

Please click on the following link to read further about SDM-Bank's

ratings: http://www.sdm.ru/eng/about_bank/

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