CREDIT RATING WITHDRAWAL RATIONALE
ACRA has withdrawn the credit rating B+(RU), status “Rating under review: developing”, of JSC “REALIST BANK” due to contract expiration. The rating has been withdrawn without its concurrent affirmation.
REGULATORY DISCLOSURE
The credit rating was previously assigned to JSC “REALIST BANK” 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 “REALIST BANK” was published by ACRA for the first time on November 30, 2017.
The credit rating was assigned based on data provided by JSC “REALIST BANK”, information from publicly available sources, and ACRA’s own databases. The rating analysis was performed using the IFRS financial statements of JSC “REALIST BANK” and the financial statements of JSC “REALIST BANK” drawn up in compliance with the Bank of Russia’s requirements. The credit rating is solicited and JSC “REALIST BANK” participated in its assignment.
In assigning the credit rating, ACRA used only information, the quality and reliability of which were, in ACRA’s opinion, appropriate and sufficient to apply the methodologies.
ACRA provided no additional services to JSC “REALIST BANK”. No conflicts of interest were identified in the course of credit rating assignment.
