The positive outlook reflects the agency's expectations for the long–term maintenance of the liquidity buffer formed in 4Q2023, while maintaining moderate business growth rates and the expected early fulfillment of capital standards relative to the deadlines provided for in the Financial Recovery Plan (hereinafter - PFD). The rating is based on limited market positions, moderately high profitability of the business, satisfactory asset quality, as well as a conservative assessment of corporate governance. A positive impact on the rating level is provided by the high probability of the bank's support by its shareholder, if necessary.
JSC GENBANK specializes in RKO, as well as corporate and retail lending. The bank's head office is located in Simferopol, 58 structural divisions are represented in the Republic of Crimea, Sevastopol, Krasnodar, Moscow and the Moscow region.
