Credit rating withdrawal rationale
The credit rating of the series 001Р-05 (RU000A1025H2) bond issue of Bank RRDB (JSC) has been withdrawn due to the full redemption of this issue on September 18, 2025. Previously, in accordance with ACRA’s methodology, the bond was rated AA(RU), i.e. on par with the credit rating of Bank RRDB (JSC). The rating has been withdrawn without its concurrent affirmation.
regulatory disclosure
The credit rating was previously assigned to the RU000A1025H2 bond of Bank RRDB (JSC) under the national scale for the Russian Federation based on the Methodology for Assigning Credit Ratings to Financial Instruments on the National Scale of 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 the RU000A1025H2 bond of Bank RRDB (JSC) was published by ACRA for the first time on September 24, 2020.
The credit rating was assigned based on data provided by Bank RRDB (JSC), information from publicly available sources, and ACRA’s own databases. The credit rating is solicited, and Bank RRDB (JSC) 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 additional services to Bank RRDB (JSC). No conflicts of interest were discovered in the course of credit rating assignment.
