At the meeting on 22.03.2017 the rating committee of the Agency it was decided to withdraw a number of ratings of the issuers, which for a long time belonged to the category of inactive and were suspended in 2014-2016.

The rating of PJSC “Oranta-Sich” (02307292) is withdrawn on 22.03.2017. The insurer’s ratings were suspended on 22.09.2014 on the company’s request, but since that time the insurer didn’t turn to the Agency about the rating renewal, that is why on the proposal of the Directorate the rating committee decided to withdraw the insurer’s rating.  

The rating of PJSC “KSG Bank” (19364584) was withdrawn on 22.03.2017. The Bank’s rating was suspended on 31.08.2016 due to NBU information on the bank’s license withdrawal because of the detection of money laundering as a result of NBU inspections. Stakeholders of the bank repeatedly stated his disagreement with the decision of the NBU, but as of 22.03.2017 the Unified State Register of court decisions did not contain any signs that the bank's shareholders challenged the decision of the NBU.

Both rating actions are of a technical nature, because they relate to inactive ratings, which had long been suspended, and do not indicate a deterioration or improvement of the credit risk of the issuer.

RA "Standard-Rating"