Moody's: SKB-Bank’s rating goes up because of rising market share
The rating agency Moody's upped SKB-Bank’s international rating.
The agency’s experts explain in their report that the promotion reflects the bank’s growing share of the market: this has gone up impressively over the last two years.
According to a report compiled in accordance with the International Accounting Standards as of December 31, 2010, SKB-Bank’s consolidated assets amounted to $2.78bn, its own funds came to $198m, and its net profit reached $23.5m, the agency reports.
The agency’s experts explain in their report that the promotion reflects the bank’s growing share of the market: this has gone up impressively over the last two years.
According to a report compiled in accordance with the International Accounting Standards as of December 31, 2010, SKB-Bank’s consolidated assets amounted to $2.78bn, its own funds came to $198m, and its net profit reached $23.5m, the agency reports.
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