ACRA upgrades PJSCB “Derzhava” to BBB(RU), changes outlook to Stable

ACRA upgrades PJSCB “Derzhava” to BBB(RU), changes outlook to Stable.

The credit rating of PJSCB “Derzhava” is based on its moderate business profile assessment, strong assessment of capital adequacy, satisfactory risk profile, and the adequate funding and liquidity assessment.