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News and events

4 march

ACRA Affirms Expobank’s Rating at BBB+(RU), Outlook Positive

ACRA has affirmed Expobank’s credit rating at BBB+(RU), revising the Outlook to ‘Positive’. The rating affirmation reflects the sustainable business profile of the Bank, its high capital adequacy and viable liquidity and funding positions.

ACRA notes the large amount of liquid and highly-liquid assets that allowed the Bank to show a substantial short-term liquidity surplus, and also the strong long-term liquidity shortage.

In September 2018, Fitch Ratings affirmed Expobank’s Long-Term IDRs at ‘B+’ upgrading the Outlook to Positive from Stable.