Russia – National Rating Agency LLC confirms “AA-” rating for SB Bank

On 24 October the private rating firm National Rating Agency LLC (ООО «Национальное Рейтинговое Агентство») confirmed its rating of “AA-” for the commercial bank Sudostroitelny Bank LLC (SB Bank, in Russian «Судостроительный банк» ООО or СБ Банк).  As of 1 October the bank had assets of RUB 51.0 bln, an increase of 23% compared to the previous year.  The bank’s net equity is reported to be RUB 6.3 bln, its capital adequacy ratio 12.95, and the percentage of its deposits covered by the national deposit system 83%.  For additional details and discussion, see the press release of National Rating Agency LLC:

«Национальное Рейтинговое Агентство» подтвердило индивидуальный рейтинг кредитоспособности СБ Банк (ООО) на уровне «АА-» по национальной шкале.

For detailed data on the bank see the following page at the website of the Central Bank of Russia:

Коммерческий банк "Судостроительный банк" (общество с ограниченной ответственностью)

Mark Pleas (contact)

Eastern Europe Banking & Deposits Consultant