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22 July, Monday

Ufa   °

Bashkiria has credit capacity at the same level as YNAD and Tatarstan

Economy/Business

UFA, 11 June 2019. /Bashinform News Agency/ translated by Tatiana Aksyutina/.

The Expert RA rating agency has raised a credit rating of Bashkiria on the national scale to the level “ruААА”, the outlook is “stable”. The confirmed rating reflects a high level of financial reliability and sustainability.

According to analysts of the agency, high rates of budget balance, stable liquidity, as well as a low level of debt burden had a positive impact on the rating.

Currently, the Republic of Bashkortostan has a credit rating at the same level as the Republic of Tatarstan and the Yamal-Nenets Autonomous District, the Government of the republic reports.

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