Source Pravda.Ru

S&P assigns credit rating to MENATEP St. Petersburg bank

Today Standard & Poor's assigned a credit rating to MENATEP St. Petersburg for the first time: long-term эээ, short-term э, forecast stable, the press service of the agency reported. Among negative factors are the high risks of working in Russia, relatively weak financial results of the bank and a high degree of concentration of the bank's business on some counteragents, Yekaterina Trofimova, analyst of the agency, declared. Among positive factors is the efficient commercial activity that provides the bank with the possibility to strengthen its position on the market.

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