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Russian Credit Rating Agency assigns 'AA' rating to Alfa-Bank with stable outlook

November 15, 2016, 21:34 UTC+3 MOSCOW
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MOSCOW, November 15. /TASS/. The Russian Analytical Credit Rating Agency (ACRA) assigned the "AA"(RU) national scale rating to Alfa-Bank with the stable outlook, the national rating agency said in the press release.

Alfa-Bank has become the first systemic Russian bank rated by ACRA.

"The credit rating of Alfa-Bank is based on its strong and stable business profile, adequate capital and liquidity position, as well as satisfactory risk profile assessment. The rating is additionally supported by Alfa-Bank’s moderate systemic importance for the Russian financial market," ACRA said.

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