Watch Status has been assigned to the credit rating of LLC CB “GT bank” (hereinafter, the Bank) due to the Bank being included in the list of third parties in a case being considered by Krasnodar’s Leninsky District Court regarding the seizure of movable and immovable property by the state, as well as due to the need to obtain additional data and conduct an analysis to assess the impact of the above information on the Bank’s credit rating.
The credit rating continues to be BB-(RU), outlook Stable.
potential outlook or rating change factors
The Watch Status assumes that a rating action is highly likely on a horizon of up to 12 months.
Removal of Watch Status and affirmation of the credit rating may be prompted by:
- Obtaining information to clarify the Bank’s standalone creditworthiness assessment (SCA) at a level that is sufficient to affirm the current credit rating.
Removal of Watch Status and downgrading the credit rating may be prompted by:
- Obtaining information that is sufficient to lower the SCA (including due to the assessment of the business profile and other factors).
rating components
SCA: bb-.
Adjustments: none.
Support: none.
issue ratings
There are no outstanding issues.
regulatory disclosure
The credit rating was previously assigned to LLC CB “GT bank” 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 LLC CB “GT bank” 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 to ensure consistent and uniform application of ACRA’s methodologies, rating scales, models, and key rating assumptions.
The Watch status has been assigned to the credit rating of LLC CB “GT bank” in accordance with the Key Concepts Used by the Analytical Credit Rating Agency within the Scope of Its Rating Activities.
The credit rating of LLC CB “GT bank” assigned under the national scale for the Russian Federation was published by ACRA for the first time on May 17, 2019.
The credit rating and its outlook are expected to be revised by March 26, 2026.
The Watch Status is expected to be retained for the credit rating for one year.
The credit rating was assigned based on data provided by LLC CB “GT bank”, information from publicly available sources, and ACRA’s own databases.
The credit rating is solicited and LLC CB “GT 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 LLC CB “GT bank” during the year preceding the rating action.
No conflicts of interest were discovered in the course of credit rating assignment.
