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"Zarechye" Bank (JSC)

Website of the bank: zarech.ru/index_eng.asp

Zarechye Bank (JSC) has been operating in the market of banking services since 1990. The Bank is licensed by the Central Bank of the Russian Federation, general banking license no. 817 as of June 19, 2012, with a banking license to accept deposits precious metals and effect other transactions involving precious metals, dated November 15, 2002.

DIS registration certificate no. 32 as of October 1, 2004.

Zarechye Bank (JSC) provides all types of banking products and services involving Russian rubles and foreign currencies. Besides, the Bank focuses on lending to the real sector and supporting its customers' foreign operations.

Luknitskogo street 2, Kazan, Russia. Apart from the HQ, its network comprises 1 branch, 2 subsidiary offices, 1 stand-alone cash desk and 2 representative offices.



Ratings
Rating TypeNationalTierOutlookDate*
Bank, credit ratingОтозван26.08.2014

*Date of assignment or revision of the rating

Rating Actions

26.08.2014
AK&M Rating Agency withdraws the 'B++' national scale credit rating assigned to Zarechye Bank (JSC), stable outlook, due to its expiration.
CJSC AK&M Rating Agency has withdrawn the 'B++' national scale credit rating assigned to Zarechye Bank (JSC), stable outlook, due to its expiration. The rating, along with any information and conclusions provided in this press release, only conveys our opinion on the Bank's creditwo23.08.2013
CJSC AK&M Rating Agency affirmed the national scale credit rating of Zarechye Bank (JSC) (license no. 817) at 'B++', with a stable outlook.
  The 'B++' rating indicates that Zarechye Bank (JSC) qualifies as a sufficiently reliable borrower (the highest sub-grade of the 'B' grade). Risk of a delay in meeting liabilities is moderate, restructuring risk for a loan / part of a loan is insignificant. We regard the high19.09.2012
CJSC AK&M Rating Agency confirmed the ‘B++’ credit rating (stable outlook) assigned to JSCB Zarechye (OJSC) (license no. 817) as per the national scale.
  The ‘B++’ rating indicates that JSCB">JSCB Zarechye (JSC">OJSC) is qualified as a sufficiently reliable borrower (the highest sub-grade of the ‘B’ grade). Risk of a delay in meeting liabilities is moderate, restructuring risk for a loan / part of a loa25.08.2011
AK&M Rating Agency assigned the ‘B++’ (stable outlook) credit rating to JSCB Zarechye (OAO) as per the national scale.
  The ‘B++' rating indicates that JSCB Zarechye (OAO) is qualified as a sufficiently reliable borrower (the highest sub-grade of the ‘B' grade). The key performance indicators of JSCB Zarechye (OAO) are steadily growing. In 2010, the Bank’s assets increased by 50% (a

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