Wednesday, June 1, 2011

Bank VTB increased rating

Now he's not all as bad as it was before. The rating agency «Moody's» elevated the status of VTB and its wholly owned subsidiary of VTB North-West "," VTB 24 "from" negative "to" stable ". No matter the status of the appraiser noted almost 1,5 years. This was associated with adverse market conditions and the expectation of a large volume of bad loans. The company's analysts predicted 16% of the loan portfolio, which was to be decommissioned. That has not happened - in the first quarter it amounted to 10,2%. Loss of 96% is covered reserve accumulation. Also a positive development «Moody's» recognized deposit growth - last year their number increased by 43% and good liquidity of the securities constituting 22% of the assets of VTB.

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