The NKR rating agency has assigned Alfa-Bank the highest rating on the national scale—AAA.ru, with a stable outlook. The bank had previously received the same rating from ACRA.
NKR noted the bank’s strengthening market position, broad diversification of its assets and income, and one of the strongest management and strategic planning systems in the industry.
The bank’s profitability has remained above 20%, while its cost of risk over the period under review fell from 3% to 2.1%. The agency also pointed to a balanced funding structure, ample liquidity reserves, and Alfa-Bank’s systemic importance to the industry.
NKR noted the bank’s strengthening market position, broad diversification of its assets and income, and one of the strongest management and strategic planning systems in the industry.
The bank’s profitability has remained above 20%, while its cost of risk over the period under review fell from 3% to 2.1%. The agency also pointed to a balanced funding structure, ample liquidity reserves, and Alfa-Bank’s systemic importance to the industry.