PRIME-TASS. International rating agency Standard & Poor’s has given to Russian lender Bank Uralsib-Yug counterparty ratings (long-term and short-term ratings at B, with a developing outlook). At the same time, the bank received a ruA national scale rating, the agency said in a press release.
Factors producing a positive impact on the ratings are firm relations and support from Bank Uralsib, including the integration of key areas of business, systems and risk management policies, and also financial support. Furthermore, the bank has strong market positions and brand recognition in the Krasnodar region, sound margins of its core activities and adequate capitalization, S&P professionals pointed out.
