NCR affirmed the credit rating of Derzhava Bank at BBB.ru with a stable outlook

The National Credit Rating Agency (NCR) published a press release affirming the rating of Derzhava Bank at BBB.ru with a stable outlook.

The bank's credit rating is based on its significant role in the public procurement bank guarantee market, moderately high diversification by counterparty and operating income, high capital adequacy, and consistently high profitability indicators with an increased risk appetite.