Type

Regulatory comment

June 25, 2025

ACRA (JSC) announces changes to the previously published press release on assigning AA-(RU) to PJSC “PIK SHb”, outlook Stable (https://www.acra-ratings.ru/press-releases/5850/?lang=en).

Changes made

“Regulatory disclosure” section

Previous edit:

A credit rating has been assigned to PJSC “PIK SHb” for the first time. The credit rating and its outlook are expected to be revised within one year following the publication date of this press release.

New edit:

The credit rating of PJSC “PIK SHb” was published by ACRA for the first time on September 28, 2017 and then withdrawn on August 6, 2020. The credit rating and its outlook are expected to be revised within one year following the publication date of this press release.

June 20, 2025

ACRA (JSC) announces changes to the previously published press release on assigning the AA-(RU) credit rating to the series BO-P15 (RU000A10BU31) bond issue of KAMAZ PTC (https://www.acra-ratings.ru/press-releases/5837/?lang=en).

Changes made

Key issue properties

Previous edit:

Issue volume                  RUB 5 bln.

New edit:

Actual issue volume                  RUB 11 bln.

June 18, 2025

ACRA (JSC) announces changes to the previously published press release on withdrawing the A+(RU), credit rating, outlook Positive, of Russian National Commercial Bank (https://www.acra-ratings.ru/press-releases/5825/?lang=en).

Changes made

Heading

Previous edit:

ACRA WITHDRAWS THE CREDIT RATING OF RUSSIAN NATIONAL COMMERCIAL BANK DUE TO CONTRACT EXPIRATION

New edit:

ACRA WITHDRAWS THE CREDIT RATING OF RUSSIAN NATIONAL COMMERCIAL BANK DUE TO THE TERMINATION OF ITS OPERATIONS

“Credit rating withdrawal rationale” section

Previous edit:

The Analytical Credit Rating Agency (ACRA) has withdrawn the A+(RU) credit rating, outlook Positive, which was previously assigned to Russian National Commercial Bank (hereinafter, RNCB or the Bank), due to contract expiration on June 16, 2025. The rating has been withdrawn without its concurrent affirmation. According to information from the Unified State Register of Legal Entities, Russian National Commercial Bank ceased operations on June 12, 2025.

New edit:

The Analytical Credit Rating Agency (ACRA) has withdrawn the A+(RU) credit rating, outlook Positive, which was previously assigned to Russian National Commercial Bank (hereinafter, RNCB or the Bank) without its concurrent affirmation. According to information from the Unified State Register of Legal Entities, Russian National Commercial Bank ceased operations on June 12, 2025 due to it being reorganized via a merger.

April 8, 2025

ACRA (JSC) announces changes to the previously published press release on upgrading JSC KOSHELEV-BANK to BB+(RU), outlook Stable (https://www.acra-ratings.ru/press-releases/5208/?lang=en).

Changes made

“Regulatory disclosure” section

Previous edit:

ACRA provided no additional services to JSC KOSHELEV-BANK. No conflicts of interest were discovered in the course of credit rating assignment.

New edit:

ACRA provided additional services to JSC KOSHELEV-BANK. No conflicts of interest were discovered in the course of credit rating assignment.

February 13, 2025

ACRA (JSC) announces changes to the previously published press release on affirming AAA(RU) to Deutsche Bank Ltd., outlook Stable (https://www.acra-ratings.ru/press-releases/5187/?lang=en). 

CHANGES MADE

“Regulatory disclosure” section

Previous edit:

The SE’s creditworthiness assessment has been determined in line with the principles of the Methodology for Assigning Credit Ratings to Banks and Banking Groups under the International Scale and the Methodology for Mapping Credit Ratings Assigned under ACRA’s International Scale to Credit Ratings Assigned under ACRA’s National Scales

New edit:

The SE’s creditworthiness assessment has been determined in line with the principles of the Methodology for Assigning Credit Ratings to Banks and Banking Groups under the International Scale, Methodology for Credit Rating Assignment to Sovereign Entities under the International Scale, and the Methodology for Mapping Credit Ratings Assigned under ACRA’s International Scale to Credit Ratings Assigned under ACRA’s National Scales.

February 12, 2025

ACRA (JSC) announces changes to the previously published press release on affirming AAA(RU) to “BNP PARIBAS Bank”, outlook Stable (https://www.acra-ratings.ru/press-releases/5259/?lang=en).

CHANGES MADE

“Regulatory disclosure” section

Previous edit:

The assessment of the SE was determined based on the principles of the Methodology for Assigning Credit Ratings to Banks and Banking Groups under the International Scale and the Methodology for Mapping Credit Ratings Assigned under ACRA’s International Scale to Credit Ratings Assigned under ACRA’s National Scales

New edit:

The assessment of the SE was determined based on the principles of the Methodology for Assigning Credit Ratings to Banks and Banking Groups under the International Scale, Methodology for Credit Rating Assignment to Sovereign Entities under the International Scale, and the Methodology for Mapping Credit Ratings Assigned under ACRA’s International Scale to Credit Ratings Assigned under ACRA’s National Scales.

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Alexander Kuzmin
Senior Director, Head of the Compliance and Internal Control Service
+7 (495) 139 04 80, ext. 155
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