Date: 7 months ago   Category: Finance

Expert RA has placed MKB rating under observation because of technical failure — Rambler News Service


The RAEX rating agency (Expert RA) has placed under observation the rating of solvency of the Moscow Credit Bank (MCB) because of three-day technical failures in operation of his IT-systems, the press service of the agency has reported. "Has established to RAEX (Expert RA) the status "under observation" according to the rating of solvency of Moscow Credit Bank. The rating of bank continues to act on the ruA-level, with the stable forecast. Establishment of the status "under observation" is caused by realization of operational risk regarding emergence of technical failures in work of IT systems of bank for the last three days as a result of updating of the IT platform of bank" — it is said in the statement. Further decisions on the rating of solvency of MKB will be defined by influence of technical failures on his business reputation and key financial performance. The issue of permission of the current status is planned to be resolved within three months. Failures in work of Internet bank of the organization have begun on September 19. The functionality was temporarily inaccessible because of carrying out technical works. MKB specializes in financing of large business and operations with securities within agreements of a repo. In a banking system of Russia he takes the 6th place in size of the capital and the 7th place in size of assets. The beneficiary of MKB is Roman Avdeev.

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