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28.06.2011RusRating has upgraded FUNDSERVICEBANK’s credit rating forecast
The rating agency RusRating has changed the credit rating forecast of FUNDSERVICEBANK from “stable” to “positive outlook”, while keeping the Bank’s rating at the BB level.
Agency experts explain the change of the Bank’s rating outlook by good pace of the growth of the Bank’s business, stable level of positive financial indicators, effective development strategy, good GR-management.
Among the main factors supporting the current rating level, experts point out strong customer constituency and stable market niche; considerable experience in the core business segments; the stability of financial indicators; the access to government financial sources; durable cooperative relationships with government bodies, which run state-owned or state-controlled industrial enterprises.
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