The S&P Globalratings Agency improved the forecast for Alfa-Bank's ratings to Stable

The S&P Globalratings International Rating Agency confirmed

Alfa-Bank credit ratings, including the long-term credit rating of the bank at the BB level, changed the forecast for the rating from the “negative” to “stable”.

Rating

Alfa Bank

It remains one of the highest Worth -Russian banking sector. The “stable” forecast reflects the opinion of the agency that the banking group

Alfa-Bank

It will demonstrate resistance to external factors of unusations to reduce the rate of economic activity in Russia. The agency outlines the high capitalization of the bank and its ability to stabilize the profit.

In 2015, a banking group

Alfa-Bank

She demonstrated good financial results, showing a profit of $ 480 million. The agency notes that the indication of indication was historically higher than that of other Russian private banks.

“Credit ratings and the forecast for them are important for investors who buy bonds and Eurobonds

Alfa Bank

. They are also important when working with international contragents and with the largest Russian companies that are placed in

Alfa Bank

Means, - commented by Alexey Marey, Chief Managing Director

Alfa Bank

. - Nevertheless, both private customers and small businesses

received another important confirmation of reliability

Alfa Bank

. Right

chosen strategy, our efforts in customer work, in constant development

Teams and the technological platform provide the bank leadership positions in

Russian banking system. "

Confirmation of the rating reflects the opinion of the agency about the leading

Positionalf Bank position

Among Russian private banks in terms of assets, lineups and services, the effectiveness of activity and a comprehensive approach to Customer Coinations. The agency positively notes an effective risk system and work to recover problem debt. It is important that the bank is included in the list of systemically significant Russian banks. At the same time, the bank rating is not taken into account by state support, since the rating of its own credibility is close to the level of sovereign rating.

According to the results of 2015, according to financial statements (IFRS), aggregate

Assets of the banking group

Alfa-Bank

, where they enter

Alfa-Bank JSC

And

subsidiaries, amounted to 31.5 billion US dollars, aggregate

Credit portfolio - 21.7 billion US dollars, total capital - 4.3 billion

US dollars.