Credit rating withdrawal rationale
The credit rating of the series 002P-23 (ISIN RU000A106AJ2) bond issue of JSC “ALFA-BANK” has been withdrawn due to the full redemption of this issue on December 1, 2025. Previously, in accordance with ACRA’s methodology, the credit rating of the issue was affirmed at AA+(RU), i.e. on par with the credit rating of JSC “ALFA-BANK”. The rating has been withdrawn without its concurrent affirmation.
regulatory disclosure
The credit rating was previously assigned to the bond issue of JSC “ALFA-BANK” based on the following methodologies: the Methodology for Assigning Credit Ratings to Financial Instruments under the National Scale for the Russian Federation to determine the credit rating of the bond issue 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 the RU000A106AJ2 bond issue of JSC “ALFA-BANK” under the national scale for the Russian Federation was published for the first time on May 30, 2023.
The credit rating was assigned based on data provided by JSC “ALFA-BANK”, information from publicly available sources, and ACRA’s own databases.
The credit rating is solicited and JSC “ALFA-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 np additional services to JSC “ALFA-BANK” during the year preceding the rating action.
No conflicts of interest were discovered in the course of credit rating assignment.
