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ACRA confirms stable rating of Center-invest Bank

20.06.2023

On 20 June 2023, the Analytical Credit Rating Agency (ACRA) affirmed Center-invest Bank’s credit rating at A(RU) level on the national scale with Stable outlook.

The A-level rating of the Center-invest Bank, according to the ACRA scale, was affirmed on the basis of its adequate business profile, as well as a strong capital adequacy ratio and an adequate assessment of the bank’s liquidity and funding risk profile. Stable outlook on the rating suggests that it will not change during the following 12–18 months if the current business model is kept by the bank.

Also, the ACRA analysts highly rate the quality of economic, social and environmental management and point out that Center-invest is one of the first banks in Russia to start developing ESG banking.

Center-invest is an organically growing regional bank that is among the 100 largest Russian banks. Key business areas: consumer lending, lending to agri-industrial enterprises, small and medium business.

Credit rating was first assigned to the Center-invest Bank by ACRA in 2018; every year the agency analysts affirm the company’s stable position.