First Russian bank receives Chinese credit rating ...News

Russia Today - Economy
First Russian bank receives Chinese credit rating
source : Russia Today ( News ) () 58
Alfa-Bank has been assessed at AA- with the outlook stable   China Lianhe Credit Rating has assigned Alfa-Bank, Russia’s largest private lender, an international rating of AA- with a stable outlook, the bank said in a statement on Wednesday.   Alfa-Bank has become the first large Russian bank to receive an international rating in China. Alfa-Bank is at the same level that Lianhe rates the Russian sovereign.   The agency attributed its decision to a number of factors such as Alfa-Bank’s systemic importance, efficient corporate management, high asset quality, and strong lending capacity.    The Chinese agency also

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