Credit Rating of Bulgarian-American Credit Bank
On July 27, 2016 “BCRA - Credit Rating Agency” AD assigned to BACB the following ratings:
| FINANCIAL STRENGHT RATING | Primary Rating |
| Long-term rating | B |
| Outlook | Stable |
| Short-term rating | B |
| National-scale long-term rating | B+ (BG) |
| Outlook | Stable |
| National-scale short-term rating | B (BG) |
In the process of assigning the ratings BCRA uses the methodology which is officially adopted for assigning bank financial strength ratings (http://www.bcra-bg.com/files/method_4.pdf).
According to the published text, the stable improvement in the portfolio quality, the increase of the profit accumulated and the parameters for profitability, while maintaining stable capital adequacy and liquidity may have positive influence on the “Bulgarian-American Credit Bank” ratings.
In negative direction, deterioration of assets, increase of impairment expenses, significant contraction of the activities, as well as decrease of the capital adequacy and deterioration of the liquidity position of the bank may influence.
The complete text of the report is available on the “BCRA-Credit Rating Agency” AD web site: http://www.bcra-bg.com/files/rating_339.pdf”
