13.10.2021 RATING AGENCY S&P GLOBAL RATINGS RAISED THE CREDIT RATING OF ROSSIUM CONCERN TO B+


13.10.2021

On October 13, 2021, S&P Global Ratings raised the long-term Local and Foreign Currency Credit Ratings of the Rossium from B to B+ with a stable outlook. Stand-alone credit profile (SACP) of the Rossium's key asset, Credit Bank of Moscow, was also raised to BB and Issuer Сredit Rating (ICR) was affirmed at BB with retained stable outlook.

“The second rating upgrade this year for Rossium Concern and its key asset, Credit Bank of Moscow, reaffirms the effectiveness and efficiency of the Rossium’s business development strategy aimed at growing and achieving internal synergy of various assets”, said Vyacheslav Sheloputov, General Director of the Rossium Concern.