CREDIT RATING WITHDRAWAL RATIONALE

ACRA has withdrawn the BB-(RU) credit rating, outlook Stable, of RosDorBank due to contract expiration. The rating has been withdrawn without concurrent affirmation.

regulatory disclosure

The credit rating was previously assigned to RosDorBank based on the following methodologies: the Methodology for Assigning Credit Ratings to Banks and Bank Groups under the National Scale for the Russian Federation to calculate the SCA and determine the credit rating and the credit rating outlook of RosDorBank under the national scale for the Russian Federation; the Key Concepts Used by the Analytical Credit Rating Agency Within the Scope of Its Rating Activities to ensure consistent and uniform application of ACRA’s methodologies, rating scales, models, and key rating assumptions.

The credit rating of RosDorBank under the national scale for the Russian Federation was published by ACRA for the first time on April 10, 2018.

The credit rating was assigned based on data provided by RosDorBank, information from publicly available sources, and ACRA’s own databases.

The credit rating was solicited and RosDorBank 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 RosDorBank during the year preceding the rating action.

No conflicts of interest were discovered in the course of credit rating assignment.
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