The rating upgrade is due to the strengthening of capital and liquidity positions, improved diversification of assets and liabilities, as well as a decrease in concentration on individual clients due to the expansion of the bank's customer base at the expense of large federal companies. The bank's rating reflects its stable competitive position, adequate capitalization, high profitability, comfortable liquidity position, acceptable asset quality, adequate corporate governance and strategic support. A very strong factor of support from the owner and a moderate factor of support from the state have a significant positive impact on the rating.
JSC AKB NOVIKOMBANK specializes in lending and RKO to large industrial enterprises, many of which are part of the group perimeter of the bank's controlling shareholder. In addition to the head office, the bank's network of presence currently includes 5 branches and 23 additional offices in Russia.
