Analytical credit rating Agency on July 4, 2022 confirmed the credit rating of the Bank "VBRR" (JSC) at the AA(RU) level, the forecast is "stable", and bond issues are at the AA(RU) level. This is stated in the agency's message.
Credit rating of the Bank "VBRR" (JSC) due to a stable business profile with a strong position on capital adequacy. Certain pressure on the assessment of the EBRD's own creditworthiness continues to be exerted by the risks associated with the growth of the bank's activities and the high concentration of both assets and funding of the EBRD on related parties — the parent group companies.
The EBRD is the settlement center of the parent holding and provides a wide range of banking services to counterparties and consumers of products of the parent structure, as well as its employees.
