Moody’s affirms reliability and stability of Center-invest Bank
On 26 April 2016 Moody′s Investors Service affirmed Center-invest Bank’s B1 long-term rating for deposits and senior debt, 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 IFRS financial statements for 2015.
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. It is also able to perform very well in Russian and international ratings for demand for banking services and amount of lending.
Center-invest Bank was in 17th place for return on capital in The Banker’s “Top 100 Russian Banks” ranking. We were recognised as Russia’s best regional bank for 2015 and one of the country’s top three retail banks (Sravni.ru comparison site). The Expert RA rating agency ranked Center-invest Bank in 6th place for the size of its portfolio of loans for sole traders and small businesses, 13th place for volume of SME lending in 2015, and 16th place for size of SME loan portfolio. The Bank of Russia included Center-invest Bank in its list of “significant banks in the payment services market”.
Our reputation as a highly reliable and efficient bank confirms that we are successfully applying a transformational banking business model. The banking industry and regulators now recognise the considerable benefits offered by this approach.
The rating is available here.