International rating agency Moody’s has confirmed the ratings of Agroimpuls, to be more precise, B3 long-term local and currency deposit ratings and Not-Prime short-term ratings, head of the lending institution’s advertising and PR department Alexey Andropov said in an interview with news agency Banki.ru. As for national scale local currency deposit rating, it stands at Baa3.ru. Agroimpuls’ bank financial strength rating is E+. All ratings bear a stable outlook.
According to the rating agency’s press release, the ratings assigned reflect the lender’s strong points. For example, at issue is a wide customer base consisting of power utility businesses and branch network expansion along with the enlargement of retail banking operations.
Moody’s has been assigning international ratings to Agroimpuls since 2007.
According to the data from news agency Banki.ru and Interfax-CEA, net assets of Agroimpuls stand at Rub 22.89 bln (91st place in Russia). The lending institution is a member of the national deposit insurance system.
