NRA Assigns BBB|ru| Credit Rating to Bank Derzhava, Stable forecast

A leading Russian rating agency has assigned a "BBB|ru|" credit rating to JSCB Derzhava on the national rating scale for the Russian Federation, with a stable forecast.

The credit rating of Bank Derzhava is based on high profitability and operating efficiency, good liquidity, and a high level of diversification of both funding sources and operating assets.