JSCB «Primorye»Website of the bank: primbank.ru/
The Bank has been operating in the market of banking services since 1994. In 2012, the Bank secured a new general banking license (no. 3001); in November 2004, the Banking Supervision Committee of the Central Bank permitted JSCB Primorye to join the Deposit Insurance System (DIS). The Bank's auditor was CJSC BDO.
The Bank qualifies as a mid-sized Russian credit institution in terms of the amount of business. As of July 1, 2013, the Bank ranked 158th among Russian banking institutions in the amount of net assets (RUB 23.3 billion), 163rd in the equity capital as of the same date (RUB 2.7 billion).
The Bank's core business is the provision of all types of banking products and services involving Russian rubles and foreign currencies, along with operations in the market of precious metals and securities.
Rating Actions22.11.2016The 'A' rating indicates that PJSCB Primorye qualifies as a highly reliable borrower. The risk of a failure to meet obligations in time is low, the full or partial debt restructuring risk is minimal. The rating assignment was based on the Credit Rating Methodology for Banks and their Debt In15.07.2016The rating downgrade reflects a deterioration in the Bank's financial position for the 5-month period in 2016.
Since March 2016, AK&M Rating Agency has seen a notable deterioration in the loan portfolio quality: arrears on the retail and corporate loans provided by the Bank increased from R26.10.2015The 'A' rating indicates that JSCB Primorye qualifies as a highly reliable borrower. The risk of a failure to meet obligations in time is low, the full or partial debt restructuring risk is minimal. The rating assignment was based on the Credit Rating Methodology for Banks and their Debt Ins16.10.2014The 'A' rating indicates that JSCB Primorye qualifies as a highly reliable borrower. The risk of a failure to meet obligations in time is low, the full or partial debt restructuring risk is minimal.
The Bank headquartered in Vladivostok city qualifies as a mid-sized Russian credit instituti25.10.2013
The 'A' rating indicates that JSCB Primorye qualifies as a highly reliable borrower. Risk of a delay in meeting liabilities is relatively low, restructuring risk for a loan / part of a loan is minimal.
We regard the high quality and growth of the Bank's equity capital, profitabl09.11.2012
The ‘A’ rating indicates that JSCB Primorye is qualified as a highly reliable borrower. Risk of a delay in meeting liabilities is relatively low, restructuring risk for a loan / part of a loan is minimal.
The rating score of JSCB Primorye are essentially supported by the continu24.11.2011
The ‘A’ rating indicates that JSCB Primorye (OAO) (license no. 3001 of the Central bank of the Russian Federation) is qualified as a highly reliable borrower. Risk of a delay in meeting liabilities is relatively low, restructuring risk for the loan / part of the loan is minimal.
