The National Rating Agency (NRA) has raised its individual creditworthiness rating on Investcapitalbank to A- (high creditworthiness, Level 3). As the agency’s press service noted, the bank obtained a BBB+ rating (sufficient creditworthiness, Level 1) in January 2009.
“The rating upgrade reflects the lenders successful efforts in maintaining adequate capitalization, the liquidity level and the quality of assets, and also its greater transparency," the agency said in a press release.
According to the data from Banki.ru and news agency Interfax-CEA, as of January 1, 2009 net assets of Bank Investment Capital stood at Rub 6.98 bln (226th place in Russia). The lending institution is a member of the national deposit insurance system.