SDM Bank is ranked by Forbes in the 2d group of TOP-100 the most reliable Russian banks25 March 2021
Forbes magazine examined the ratings and financial performance of TOP100 Russian banks and ranked them by degree of reliability. For the fourth year in a row, SDM-Bank is included in the second reliability group of the total five groups. It is important to note that the first group includes only banks with state or foreign capital participation.
SDM-Bank took 44th place in the rating and 7th place among private Russian banks, ahead of many larger credit institutions.
According to Forbes, the rating took into account data from international and Russian rating agencies that are accredited by the Bank of Russia. At the first stage, banks were selected based on the availability of a rating from any agency. Within the groups, banks are ranked in descending order by credit ratings, banks with the same rating - in descending order by assets.
The Expert RA rating agency collected primary data for Forbes. Forbes analysts included credit institutions with ratings BB + and BB on the international scale, AA + and AA on the Russian scale to the second subgroup of reliability (in fact, the first among private Russian banks).
Experts assess this category as quite reliable and note that even if the economic situation deteriorates, credit institutions will still have access to alternative financial resources in order to fulfill all their obligations.
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