Expert RA has assigned credit rating of MBTS-BANK

One of the major factors positively affecting the creditworthiness of "MBTS-BANK, is a high level of capital adequacy (on 01.10.2008, it was 38.92%). Positively to the rating of the impact indicators of liquidity, return on equity, the concentration of outstanding loans by branches and customers, as well as the lack of sensitivity to the realization of equity risk. "Many Russian banks fall of 2008 showed growth of arrears, while at JSC MBTS-BANK" on November 1, the share of overdue loans as on legal as well as for individuals below the average level ", - comments expert of the department of financial institutions ratings rating agency "Expert RA" Christina Kir'yanova. A key negative factor - it is marked in the second quarter of 2008, an increase in the share of problem and bad loans, on which at 01.10.2008 there were almost 28% of the vessel debt. Among the factors limiting the credit rating, analysts Agency also noted the instability of the resource base, moderately low levels of secured loans. JSC MBTS-BANK - universal financial institution whose main activity is lending to legal entities. 01.10.08 magnitude of the Bank's assets under RAS was 3.271 billion rubles. (343rd place among Russian banks, according to the ranking of "Expert RA" 01.10.08), the amount of equity - 1.089 mln., Profit before tax for the first 9 months of 2008 - 79.8 mln.