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MIL OSI Translation. Region: Russian Federation –

Source: Moscow Credit Bank – Credit Bank of Moscow –

One of the largest rating agencies in China, China Lianhe Credit Ratings, assigned the Moscow Credit Bank (hereinafter referred to as “MCB” or the “Bank”) a long-term credit rating on the Chinese national scale at the level of “AA-” with a stable outlook. This corresponds to the level of Russia’s sovereign credit rating.

Assessing the creditworthiness of MKB, Lianhe Ratings analysts noted the Bank’s systemic importance, high level of asset quality, comprehensive financial services for corporate and retail clients and strong market positions in the corporate segment. The agency emphasizes the high level of the credit risk management system and good level of liquidity and expects to see high operational efficiency and an increase in the Bank’s capital adequacy based on the results of 2023.

China Lianhe Credit Rating Co., Ltd. (“Lianhe Ratings”) is one of the largest credit rating agencies in China with a market share of about 30%. It was founded in 2000 and is widely recognized among Chinese investors. Lianhe Ratings provides independent and objective credit rating services for issuers from China and other countries. At the same time, the agency strictly adheres to internationally recognized standards and takes into account international experience and the peculiarities of the business environment in China. Lianhe Ratings has a portfolio of 3,856 issuers, including financial institutions such as China Construction Bank, China Development Bank Securities, Shanghai Pudong Development Bank and others.

Rating agency Lianhe Ratings ranks ICD since 2019.

Note; This information is raw content directly from the source of the information. This is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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