The rating upgrade reflects the strengthening of the bank's capital position against the background of increasing business efficiency and maintaining acceptable asset quality. The bank's rating is also based on satisfactory market positions, an adequate liquid position, as well as a conservative assessment of corporate governance. The rating continues to be supported by the high probability of financial assistance to a credit institution from affiliated structures, if necessary.
Sinara Bank JSC is a medium-sized bank registered in the Sverdlovsk Region. Specializes in cash settlement services and lending to individuals and legal entities, operations on the foreign exchange and stock exchange, as well as interbank lending. The office network is represented by the head office in Yekaterinburg, a branch in Moscow, as well as 77 additional offices in all federal districts. In 2015, the bank was selected as a sanatorium by Gazenergobank JSC.
