The Analytical Credit Rating Agency (ACRA) confirmed Center-invest Bank’s A(RU) credit rating with a positive outlook.

The ACRA scale A-level rating for Center-invest Bank was confirmed on the basis of its stable business profile, significant capital adequacy ratio and appropriate assessment results for the bank’s risk profile, funding and liquidity. The positive outlook gives a high probability of rating increase within 12 to 18 months.

The ACRA analysts highly appreciate the quality of corporate governance, balanced development strategy, low level of potentially non-performing loans and its reduction over the past 12 months, as well as commitment to ESG principles, noting the pioneering and active nature of Center-invest Bank in the development of ESG banking in Russia.

Center-invest Bank is a naturally growing regional bank that is among the top 100 largest banks of Russia. Key bank’s business areas are consumer lending, lending to agricultural 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.