Rating is the market evaluation of credit risk (creditworthiness) of a debtor. Rating may be granted to:

• issue of debt securities: bonds or short-term debt securities,
• entities making commitments in the financial market.

Rating is made by independent specialist rating agencies. They analyse in details both the very entity, as well as its environment. They present their evaluation in the form of symbols based on a rating scale applied thereby. Rating is subject to continuous monitoring and may be changed.

Since ratings are reliable and objective, they are often taken into consideration by investors to make their investment decisions.

For many years, BRE Bank has been rated by Fitch and Moody’s, which are one of world rating agency leaders.

BRE Bank is also rated by Standard and Poor’s and Capital Intelligence based on public information.

Latest change: 8 May 2009

Long-term rating	Short-term rating	Viability rating	Support rating	Outlook for long-term rating
A	F1	bbb-	1	stable

A- the third rating at the investment scale, indicates strong long-term capacity for payment of financial commitments; F1 - in the scale range F1+, F1, F2, F3, B, C, D indicates the strongest short-term capacity of timely payment of financial commitment; 'bbb-' (10-th mark in 19-point scale) - good fundamental credit quality.

More information about the methodology and rating scale of Fitch
Historic ratings of BRE Bank issued by Fitch

Latest change: 19 January 2012

Long-term rating	Short-term rating	Rating of BRE bank’s financial strength	Outlook for financial strength rating
Baa2 (RuR - dwn)	P-2	D	stable

Baa2 - 9th score at the 21-score scale; P-2 - 2nd rating at 4-level scale; D - scale from A to E

More information about the methodology and rating scale of Moody’s
Historic ratings of BRE Bank issued by Moody's

LT Issuer Rating: BBBpi

More about the methodology and rating scale of Standard and Poor’s

LT issuer rating: BBB+
ST issuer rating: A2
Financial Strength: BBB
Support: 2
Perspective: stable

More about the methodology and rating scale of Capital Intelligence