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ACRA affirms Center-invest Bank’s rating at a(ru) level ACRA with stable outlook

01.07.2022

On 1 July, 2022, the Analytical Credit Rating Agency (ACRA) affirmed Center-invest Bank’s 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 risk, liquidity and funding profiles.

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. 

Agency analysts noted the high quality of the Center-invest corporate governance, its stability in the regions of operation, and the balanced strategy with regard to the development trends of the Russian banking system. 

Center-invest is an organically growing regional bank that is among the 100 largest Russian banks. Center-invest Bank actively implements the principles of economic, social, and environmental management and plays the leading role in the development of the ESG banking in Russia. 

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.