RRDB in 19th position in the magazine Finance reliability ranking

Moscow, 17 May. The magazine Finance has ranked the Russian Regional Development among the most financially stable credit institutions. Experts have analyzed and rated the stability of leading banks. RRDB has been ranked 19^th in the list of the top 100 most reliable Russian banks. The expert magazine has rated the bank’s financial stability at BB. Estimations were made on the basis of accounting data as of 1^st April 2010.

When ranking reliability, the magazine Finance took into account the following indicators: capital adequacy, liquidity, balance of assets and liabilities, quality of loan portfolio, volume of reserves for possible losses, investment activities, and degree of business diversification. Qualitative factors such as shareholders’ structure, transparency of ownership structure, and others were also assessed.

The magazine study mainly focused on determining the financial reliability of banks. The rating scale provides for three categories: А, В and С.

No Russian banks have ever been awarded the highest rating (AAA), while ratings АА and А were awarded to the two largest state banks. The magazine has also ranked bank in terms of their assets. In terms of its assets, RRDB was ranked in 69^th position.

The magazine Finance noted that RRDB assets have grown. From the beginning of the year, RRDB assets have increased by 12%, its capital by 1.2%. The bank has also recorded a positive growth of profits.