Russian rating agency AK&M has affirmed its national scale creditworthiness rating of A (Sublevel 3), a stable outlook, on Sotsinvestbank (Ufa).
As the agency noted in a press release, key factors supporting the bank's credit rating are rising capital and good capital quality, stable profitable operations, consistency of its interest rate policy, and also the high quality of its credit portfolio.
The bank's rating is constrained by poor diversification of sources of funding and modest highly liquid assets.
