Expert RA has assigned credit rating of the bank "Acceptance"

The main factor positively affecting the creditworthiness of KB "Accept", recognized as good indicators of return on assets and capital. In 2008, the return on assets (ROA) was 2.36% and return on equity (ROE) - 19,47%. Other positive factors include low levels of arrears on loans to legal persons (01.04.09 - 0,9%) and individuals (to 01.04.09 - 2.44%), as well as an adequate level of redundancy provisions. "Reserve ratio on loans to match the current level of credit risk, but deterioration in economic conditions may need to increase reserves for potential losses ahead of the loan portfolio, which negatively affect the profitability index of x" - warns the head of ratings services of credit institutions "Expert RA" Irina Veliyeva . Also to the positive factors were classified as high level of secured loans (01.04.2009 levels of security issued loans, taking into account collateral securities, guarantees and warranties - 361%), good diversification of customer terms, customer growth, increasing the number of clients served. Restrictive effect on the rating of the Bank has a moderately low level of capital adequacy ratio (of 01.04.09 the capital adequacy ratio (N1) was 17,2%). Just for the Bank of typical non-optimal capital structure (high proportion of property revaluation in the capital - 18% of 01.04.09). Share of Tier I capital in equity of 01.04.09 was equal to 50,4%. Additional capital is formed mainly due to the subordinated loan (40.15% of additional capital of 01.04.09) and capital gains of a credit institution and due to revaluation (36.31% of 01.04.09). Well as risk factors are considered asset-liability mismatch on the short horizon (the first category of asset quality as of 01.04.09 cover liabilities on demand and on day 1 only 53,3%). OJSC CB "Acceptance" is a universal bank offering its clients a full range of banking services in Novosibirsk and Novosibirsk region. 01.01.09 value of the assets of the Bank published financial statements amounted to 3.975 billion (299th place in assets in the ranking of "Expert RA" 01.01.09), the amount of equity - 566.2 million rubles, profit before tax for 2008 year - 111.1 million rubles.