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07.10.2015

Moody’s affirms reliability and stability of Center-invest Bank

On 24 September 2015 Moody′s affirmed Center-invest Bank’s B1 deposit and senior debt ratings, outlook stable. Center-invest Bank is the only bank in southern Russia to have had an international rating since 2006.

The bank’s ratings have been upheld on the basis of its financial statements for 1H 2015. Center-invest Bank has B1 international ratings for local currency and foreign currency deposits, outlook stable, and an A1.ru national scale rating. Its Counterparty Risk Assessment rating is Ba3(cr) / NP(cr).

The Moody’s report notes that at the end of 1H 2015 Center-invest Bank’s asset quality was higher than that of other financial institutions with a similar rating.

Center-invest Bank holds leading positions in the region’s banking sector thanks to its knowledge of its market and its extensive branch network. The Moody′s report also commends the bank for its social and educational projects and its programmes to support small business and new entrepreneurs.

Center-invest Bank’s profound understanding of and experience in the regional market, effective liquidity management, diversified sources of funding, and conservative risk-management procedures enable it to withstand the systemic crisis in the Russian banking market.