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"Bank of Asia" has expanded its correspondent network

27 November 2018

Dear clients,

We are pleased to announce that our bank has again expanded its correspondent network by opening accounts in Russian rubles in Alfa-Bank JSC (Moscow, Russia).

 

According to the international rating agency Moody’s Investors Service, Alfa-Bank has the following credit rating:

Agency Rating Meaning
Moody’s Investors Service Long-term debt rating Ba1
Long-term deposit rating

Ba2

Short-term deposit rating NP
Basic credit rating ba2
Prognosis Stable

The existing rating allows to assert that "Alfa-Bank" has a high financial stability and level of reliability.

"Bank of Asia" CJSC is always glad to offer the best to its customers in partnership with leading banks in Russia.

Background information: "Alfa-Bank" is the largest private bank in Russia. According to the ratings of RBC and Forbes, the seventh bank in Russia in terms of assets (the first among private banks). The head office of the bank is in Moscow. Founded in 1990, it is a universal bank carrying out all major types of banking operations.

There are about 110 branches and branches of the bank in the world, including a subsidiary Amsterdam Commercial Bank in the Netherlands. Representative offices of the bank operate in the UK, Cyprus and the USA.

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