The Analytical Credit Rating Agency (ACRA) has withdrawn its B(RU) credit rating of JSC «BANK REALIST», outlook Developing, due to the takeover of JSC «BANK REALIST» by «BaikalInvestBank» JSC (ACRA rating: B-(RU), outlook Developing), which was completed on May 7, 2020. The rating has been withdrawn without its concurrent affirmation, as ACRA does not possess sufficient information on the financial status of «BANK REALIST».

Regulatory disclosure

The credit rating was assigned to JSC «BANK REALIST» under the national scale for the Russian Federation based on the Methodology for Credit Ratings Assignment to Banks and Bank Groups under the National Scale for the Russian Federation, and the Key Concepts Used by the Analytical Credit Rating Agency within the Scope of Its Rating Activities.

The credit rating of JSC «BANK REALIST» was first published by ACRA on July 6, 2018.

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

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Analysts

Mikhail Polukhin
Director, Financial Institutions Ratings Group
Alexey Bredikhin
Director, Financial Institutions Ratings Group
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