ACRA affirms BВB+(RU) to SDM-Bank PJSC, outlook Stable13 June 2019
The Analytical Credit Rating Agency (ACRA) confirmed the credit rating of SDM-Bank at the BBB + (RU) level, with a “stable” outlook. The rating was first assigned to the Bank in June 2017.
As a year earlier, the agency emphasizes that a bank's credit rating is based on satisfactory business and risk profile assessments.
In ACRA’s opinion, due to its high profitability and common capital adequacy ratios, the Bank is able to absorb substantial potential losses.
The Bank’s liquidity position is estimated as strong.