ACRA upgraded the credit rating of Vozrozhdenie Bank by assigning it a “stable” outlook

12 October 2018

The Analytical Credit Rating Agency (ACRA) upgraded the credit rating of Vozrozhdenie Bank from „ВВ+(RU)” to „А-(RU)” by assigning it a „stable” outlook.

In the opinion of the Agency’s analysts, the Bank demonstrates stably high financial and operational performance, has a reliable customer base and is well-positioned in the Moscow Region which, in terms of the inclusion into the VTB Group, creates additional advantages for the business development. According to Vyacheslav Tomashevskiy, the Deputy Chairman of the Management Board of Vozrozhdenie Bank, its stable market positions, high quality of corporate management and, of course, occurred certainty with the structure of the shareholders provided it with four additional steps to the current rating.

S&P Global Ratings Upgrades Vozrozhdenie Bank’s Rating to В+, Outlook Positive
Rating Agency Expert RA Upgrades Vozrozhdenie Bank’s Rating to ruА-