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ACRA assigns ВВВ+(RU) to Expobank LLC, outlook Stable

March 03, 2017 | ACRA

The credit rating of Expobank LLC (hereinafter – Expobank, or the Bank) is based on its adequate business profile, high capital adequacy, weak risk profile, and strong liquidity and funding positions. The Bank is characterized by moderate creditworthiness compared to other Russian credit institutions.

Expobank is a medium-sized Russian bank in terms of assets and capital, ranking 79th and 65th respectively on the national scale as of end-2016. It is controlled by Igor Kim (66.6% as of January 1, 2017), who also owns Expobank CZ (Czech Republic), AS Expobank (Latvia) and Expo Credit (Kazakhstan). Other key shareholders are German Tsoy (17.6%), JSC “Autobahn Road Construction” (8.8%), and a number of other individuals including management members.

Company: Expobank

Full company name
Country of riskRussia
Country of registrationRussia
IndustryBanks

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