August 26, 2011 | Cbonds
|According to the agency, the rating increase (from “BB-”) reflects the growing business and market positions of the parent bank and the LIFE Group as a whole, coupled with solid and stable financial indicators for both. |
The rating is based on the support of ProbusinessBank, membership in the LIFE group, an innovative strategy and growing market positions in the Bank’s chosen niche. Constraining factors include a funding base dependent on on-call resources, narrow lines of business and dependence on the financial stability of the LIFE group as a whole.
|Full company name||Bank24.ru|
|Country of risk||Russia|