Array
(
    [0] => Array
        (
            [ID] => 100043
            [~ID] => 100043
            [IBLOCK_ID] => 137
            [~IBLOCK_ID] => 137
            [IBLOCK_SECTION_ID] => 407
            [~IBLOCK_SECTION_ID] => 407
            [NAME] => Expert RA assigns B&N Bank ruBBB credit rating with positive outlook
            [~NAME] => Expert RA assigns B&N Bank ruBBB credit rating with positive outlook
            [ACTIVE_FROM] => 05/31/2018
            [~ACTIVE_FROM] => 05/31/2018
            [DETAIL_PAGE_URL] => /news/100043/
            [~DETAIL_PAGE_URL] => /news/100043/
            [DETAIL_TEXT] => 
Expert RA (RAEX) rating agency today assigned B&N Bank ruBBB credit rating with positive outlook.
This rating is attributable to the Bank’s strong capital and liquidity position, strong asset quality and shareholder support from the Central Bank of Russia (CBR), which owns more than 99.9% of the Bank’s common equity.
The positive outlook takes into account plans to consolidate B&N Bank’s business with FC Otkritie Bank, leading to a strengthening of the business profile and operating efficiency of the combined bank in the medium term.
RAEX analysts note that the assigned rating assumes the CBR will remain the major shareholder of the combined bank for at least two – three years, underpinning their assessment of the high probability of external support, in case of necessity.
The agency assesses B&N Bank’s capital adequacy and loss absorption buffer as high and calculates that the Bank’s capital is sufficient to withstand the impairment of more than 50% of assets exposed to credit and market risk, and off-balance sheet obligations. In addition, the rating is supported by the high credit quality of the Bank’s securities portfolio, which accounts for circa one third of the Bank's assets.
            [~DETAIL_TEXT] => 
Expert RA (RAEX) rating agency today assigned B&N Bank ruBBB credit rating with positive outlook.
This rating is attributable to the Bank’s strong capital and liquidity position, strong asset quality and shareholder support from the Central Bank of Russia (CBR), which owns more than 99.9% of the Bank’s common equity.
The positive outlook takes into account plans to consolidate B&N Bank’s business with FC Otkritie Bank, leading to a strengthening of the business profile and operating efficiency of the combined bank in the medium term.
RAEX analysts note that the assigned rating assumes the CBR will remain the major shareholder of the combined bank for at least two – three years, underpinning their assessment of the high probability of external support, in case of necessity.
The agency assesses B&N Bank’s capital adequacy and loss absorption buffer as high and calculates that the Bank’s capital is sufficient to withstand the impairment of more than 50% of assets exposed to credit and market risk, and off-balance sheet obligations. In addition, the rating is supported by the high credit quality of the Bank’s securities portfolio, which accounts for circa one third of the Bank's assets.
            [DETAIL_TEXT_TYPE] => html
            [~DETAIL_TEXT_TYPE] => html
            [PREVIEW_TEXT] => Expert RA (RAEX) rating agency today assigned B&N Bank ruBBB credit rating with positive outlook.
            [~PREVIEW_TEXT] => Expert RA (RAEX) rating agency today assigned B&N Bank ruBBB credit rating with positive outlook.
            [PREVIEW_TEXT_TYPE] => text
            [~PREVIEW_TEXT_TYPE] => text
            [PREVIEW_PICTURE] => 
            [~PREVIEW_PICTURE] => 
            [LANG_DIR] => /
            [~LANG_DIR] => /
            [SORT] => 500
            [~SORT] => 500
            [CODE] => 
            [~CODE] => 
            [EXTERNAL_ID] => 100043
            [~EXTERNAL_ID] => 100043
            [IBLOCK_TYPE_ID] => press_center
            [~IBLOCK_TYPE_ID] => press_center
            [IBLOCK_CODE] => news
            [~IBLOCK_CODE] => news
            [IBLOCK_EXTERNAL_ID] => 149
            [~IBLOCK_EXTERNAL_ID] => 149
            [LID] => e1
            [~LID] => e1
            [EDIT_LINK] => 
            [DELETE_LINK] => 
            [DISPLAY_ACTIVE_FROM] => 31 May 2018
            [FIELDS] => Array
                (
                )

            [DISPLAY_PROPERTIES] => Array
                (
                )

        )

    [1] => Array
        (
            [ID] => 99522
            [~ID] => 99522
            [IBLOCK_ID] => 137
            [~IBLOCK_ID] => 137
            [IBLOCK_SECTION_ID] => 407
            [~IBLOCK_SECTION_ID] => 407
            [NAME] => S&P upgrades B&N Bank’s credit ratings to ‘B+/B’ and assigns positive outlook
            [~NAME] => S&P upgrades B&N Bank’s credit ratings to ‘B+/B’ and assigns positive outlook
            [ACTIVE_FROM] => 04/13/2018 18:46:00
            [~ACTIVE_FROM] => 04/13/2018 18:46:00
            [DETAIL_PAGE_URL] => /news/99522/
            [~DETAIL_PAGE_URL] => /news/99522/
            [DETAIL_TEXT] => 
S&P Global Ratings (S&P) has upgraded B&N Bank’s long-term issuer credit rating and long-term issue ratings on the Bank’s senior unsecured debt to ‘B+’ from ‘B’, whilst affirming its short-term issuer credit rating at ‘B’. The outlook is positive.
S&P, in its press release, states that the credit rating upgrade reflects the agency’s view that B&N Bank’s financial standing has “substantially improved” following the Central Bank of Russia’s recapitalisation through a capital injection of RUB 56.9 billion and the full repayment by Rost Bank of interbank loans from B&N Bank in March 2018 (the latter resulting in the release of provisions held against these loans). This has enabled B&N Bank to build up “substantial capital buffers” and comply comfortably with all regulatory capital adequacy requirements.
S&P assesses positively the announced merger of B&N Bank into Bank Otkritie, scheduled for completion by end Q1 2019, noting that the combined bank's business position should be strengthened by its large market share (#3 bank by retail deposits / #5 by total assets in Russia), material geographical footprint in Russia, large client base, and status as a state-owned bank.
Moreover, the agency notes the experience of the new management team in integration and transformation, which should support the development and execution of the Bank's transformation.
The positive outlook reflects the agency’s expectation that B&N Bank will be merged into Bank Otkritie by 1 April 2019, which may enhance the combined bank’s systemic importance (B&N Bank’s current ratings incorporate one notch of support for moderate systemic importance). It also reflects S&P’s view that the combined group’s creditworthiness will likely gradually strengthen in the next 12-18 months and its risk profile improve due to the reduction of NPLs.
            [~DETAIL_TEXT] => 
S&P Global Ratings (S&P) has upgraded B&N Bank’s long-term issuer credit rating and long-term issue ratings on the Bank’s senior unsecured debt to ‘B+’ from ‘B’, whilst affirming its short-term issuer credit rating at ‘B’. The outlook is positive.
S&P, in its press release, states that the credit rating upgrade reflects the agency’s view that B&N Bank’s financial standing has “substantially improved” following the Central Bank of Russia’s recapitalisation through a capital injection of RUB 56.9 billion and the full repayment by Rost Bank of interbank loans from B&N Bank in March 2018 (the latter resulting in the release of provisions held against these loans). This has enabled B&N Bank to build up “substantial capital buffers” and comply comfortably with all regulatory capital adequacy requirements.
S&P assesses positively the announced merger of B&N Bank into Bank Otkritie, scheduled for completion by end Q1 2019, noting that the combined bank's business position should be strengthened by its large market share (#3 bank by retail deposits / #5 by total assets in Russia), material geographical footprint in Russia, large client base, and status as a state-owned bank.
Moreover, the agency notes the experience of the new management team in integration and transformation, which should support the development and execution of the Bank's transformation.
The positive outlook reflects the agency’s expectation that B&N Bank will be merged into Bank Otkritie by 1 April 2019, which may enhance the combined bank’s systemic importance (B&N Bank’s current ratings incorporate one notch of support for moderate systemic importance). It also reflects S&P’s view that the combined group’s creditworthiness will likely gradually strengthen in the next 12-18 months and its risk profile improve due to the reduction of NPLs.
            [DETAIL_TEXT_TYPE] => html
            [~DETAIL_TEXT_TYPE] => html
            [PREVIEW_TEXT] => 
            [~PREVIEW_TEXT] => 
            [PREVIEW_TEXT_TYPE] => text
            [~PREVIEW_TEXT_TYPE] => text
            [PREVIEW_PICTURE] => 
            [~PREVIEW_PICTURE] => 
            [LANG_DIR] => /
            [~LANG_DIR] => /
            [SORT] => 500
            [~SORT] => 500
            [CODE] => 
            [~CODE] => 
            [EXTERNAL_ID] => 99522
            [~EXTERNAL_ID] => 99522
            [IBLOCK_TYPE_ID] => press_center
            [~IBLOCK_TYPE_ID] => press_center
            [IBLOCK_CODE] => news
            [~IBLOCK_CODE] => news
            [IBLOCK_EXTERNAL_ID] => 149
            [~IBLOCK_EXTERNAL_ID] => 149
            [LID] => e1
            [~LID] => e1
            [EDIT_LINK] => 
            [DELETE_LINK] => 
            [DISPLAY_ACTIVE_FROM] => 13 April 2018
            [FIELDS] => Array
                (
                )

            [DISPLAY_PROPERTIES] => Array
                (
                )

        )

)

Moscow

$arItem[ACTIVE_FROM]05/31/2018
home_news_get_date_eng($arItem[ACTIVE_FROM])31 May 2018

$arItem[ACTIVE_FROM]04/13/2018 18:46:00
home_news_get_date_eng($arItem[ACTIVE_FROM])13 April 2018