Currency converter
^
News Feed
News Search Topics
ОК
Use filter
You can filter your feed,
by choosing only interesting
sections.
Loading

Sanctions not to hit Russian firms’ credit worthiness

September 02, 2014, 15:11 UTC+3 LONDON
The share of Russian companies with adequate liquidity in the agency’s ratings is still above 80%, Standard & Poor’s agency said
1 pages in this article
© EPA/JUSTIN LANE

Infographics Economical sanctions against Russia Economical sanctions against Russia
The USA, EU, Canada and Australia have introduced sanctions against Russia over its involvement in the Ukrainian crisis. Infographics by ITAR-TASS
LONDON, September 02. /ITAR-TASS/. Russian companies can cope with the direct impact of Western sanctions on their credit worthiness, international rating agency Standard & Poor’s said in a statement Tuesday.

The share of Russian companies with adequate liquidity in the agency’s ratings is still above 80%, the agency said.

Russian companies have learned from the 2008 crisis, when the liquidity crunch on the market caused many defaults. In the past several years companies increased the length of their debt to become less vulnerable to refinancing risks as the volume of liabilities to be redeemed decreases every year.

The Western sanctions had no impact on operational figures of Russian companies. A direct short-term effect from the sanctions is limited even in the oil sector, where a technology supply ban was imposed. The country’s retail chain operators are also very likely to cope with the sanctions’ consequences, the agency said.

Show more
In other media
Реклама
Реклама