MTBank became the first bank in Belarus to ever receive A Credit Rating of The Chinese Agency
China Lianhe Credit Rating Co., Ltd., one of the largest Chinese rating agencies in the country, has assigned MTBank ‘A’ long-term issuer credit rating with a stable outlook. This confirms MTBank's financial performance steadiness and its significance for the Belarusian economy.
The agency's experts noted that MTBank is among the top ten Belarusian banks by assets and equity and plays a crucial role in the country's banking system. The bank has an effective risk management and control system, and its branch network allows it to serve clients throughout the country. Deposit and loan operations continue to grow, and the bank's market share in these segments is at a favorable level.
A comprehensive analysis conducted by China Lianhe Credit Rating Co., Ltd. showed that MTBank's investments maintain a moderate size and are based on robust strategies. "The proportion of deposits to total liabilities is relatively high and stable. The capital adequacy level of the Bank is relatively high, and the profitability is good," according to the agency's experts.
The rating agency forecasts that MTBank will continue to leverage its strengths and promote its digital business strategy in the future. The deposits and loans are expected to maintain growth.
China Lianhe Credit Rating Co., Ltd. is one of China's leading credit rating agencies, providing independent and objective services for assessing the creditworthiness of issuers both domestically and internationally.