28 июля 201118:15
Fitch Ratings Worries over UralTransBank’s Bad Debt
UrBC, Moscow, July 27, 2011. The international rating agency Fitch Ratings affirmed UralTransBank’s Issuer Default Rating at B-, with Stable rating outlook. The agency reports the affirmation of the rating reflects the improvement in the post-recession operating environment supporting the bank’s profitability and the lending portfolio performance figures; this improvement also makes up (to some extent) for the significant drop in the quality of assets observed in the past. Fitch Ratings says the bank’s lending portfolio shrank by 7% in 2010, whereas the share of bad debt constituted 21% of