"BDT"Website of the bank: brtbank.ru/about/Bank_in_English/
The Bank has been operating in the market of banking services since 2003. In 2012, the Bank secured a new general banking license (no. 3441); in March 2009, it was licensed to accept deposits of precious metals. In March 2009, the Banking Supervision Committee of the Central Bank permitted BDT to join the Deposit Insurance System (DIS). The Bank's auditor is Alt-Audit LLC.
Rating Actions27.05.2016AK&M Rating Agency has withdrawn the credit rating of Bank of Development of Technologies (BRT, license no. 3441) following the revocation of the Bank's license for banking operations (Order of the Bank of Russia no. OD-1663 dated 05/27/2016).
Earlier, on May 18, 2016, we lowered the Bank.05.2016The rating downgrade reflects the continuing deterioration in the Bank's financial position. In particular, we have seen a further impairment of the Bank's loan portfolio: overdue debt on retail and corporate loans increased by 44% in the last month. As a result, as of May 1, 2016, the share10.03.2016The rating downgrade and the outlook revision were motivated by a number of negative trends in the Bank's performance. In particular, the quality of loan portfolio has worsened, arrears on retail and corporate loans increasing since the previous rating revision to RUB 371 million from RUB 118.11.2015The rating tier revision primarily follows a deterioration of the Bank's liquidity position in the third quarter of 2015. In the accounting period, the N3 ratio decreased by 9.4 p.p. to 53.65% as of November 1, 2015 while the minimum acceptable percentage is 50%. Our analysts believe that this d12.08.2015The 'B++' rating indicates that BRT qualifies as a sufficiently creditworthy borrower. The risk of a delay in meeting obligations is moderate, the full or partial debt restructuring risk is insignificant. The rating assignment was based on the Credit Rating Methodology for Banks and their De16.09.2014The 'B++' rating indicates that Bank of Development of Technologies qualifies as a sufficiently creditworthy borrower. The risk of a delay in meeting obligations is moderate, the full or partial debt restructuring risk is insignificant.
Bank of Development of Technologies qualifies as a mid04.09.2013
The 'B++' rating indicates that Bank of Development of Technologies qualifies as a sufficiently reliable borrower. Risk of a delay in meeting liabilities is moderate, restructuring risk for a loan / part of a loan is insignificant.
We appreciate the growth of equity capital and asse05.09.2012
The ‘B++’ rating indicates that "Bank of Development of Technologies" is qualified as a sufficiently reliable borrower (the highest sub-grade of the ‘B’ grade). Risk of a delay in meeting liabilities is moderate, restructuring risk for a loan / part of a loa01.09.2011
The ‘B++' rating indicates that ‘Bank of Development of Technologies’ is qualified as a sufficiently reliable borrower (the highest sub-grade of the ‘B' grade).
The rating score of the Bank is supported by the steadily increasing equity capital of "Bank o06.08.201023.03.201005.08.2009
