ORGRESBANK is now entitled to act as surety to the CB for other banks

17.10.2008

ORGRESBANK is now entitled to act as surety to the CB for other banks

JSB «ORGRESBANK» is listed among 50 credit institutions that the Central Bank empowered to issue guarantees to secure other banks’ loans with the CB.

All of the sureties should qualify under certain parameters, the most important being an adequate international rating. «ORGRESBANK» has one of the highest ratings assigned by Fitch Ratings to the Russian banks: Issuer Default Rating (IDR): A-, Short-Term Rating: F2, Support Rating: 1, National Long-Term Rating: AAA (rus).

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