ACRA affirms the rating of JSCB Derzhava PJSC at BBB-(RU), outlook - STABLE

The leading Russian rating agency confirmed the Bank's credit rating at BBB-(RU): https://www.acra-ratings.ru/press-releases/3648/.

The affirmation of the credit rating of JSCB Derzhava PJSC (hereinafter referred to as Derzhava Bank, the Bank) at BBB-(RU) reflects the Agency’s basic expectations that the Bank will continue to adhere to the current business model in its operating activities in the next 12–18 months while maintaining adequate capitalization and profitability indicators, as well as stable liquidity indicators.