«Expert RA» confirmed the high rating of risk-management system quality of AF Bank
The rating agency «Expert RA» confirmed the rating of risk-management system quality of AF Bank at А.rm level «High level of risk-management».
Essential positive influence on the AF Bank rating was made by reasonable level of credit risk management effectiveness, independence of risk-management from department of sales and availability of legal department. As positive factors the agency allocates high level of reliability of property insurance protection (the Bank insures cash assets, cash dispenses, bank payment terminals, and also motor transport in the insurance companies with rating reliability not lower than A ++ from «Expert RA»), operative monitoring of pledges taken under granted loans.
JSC «AF Bank» (Ufa, reg. No. 991) specialises on credit facilities to legal bodies and individuals, attraction of individuals funds to deposits. As of 01.09.2012 the size of assets of the bank on RAS made nearby 7,7 billion roubles (the 295the place in the ranking by «Expert RA»), the size of equity capital is 1,3 billion roubles, income before tax for the first half of the year 2012 — 25,3 million roubles.