{"id":2309,"date":"2025-08-22T15:46:59","date_gmt":"2025-08-22T15:46:59","guid":{"rendered":"http:\/\/www.youtubexyoutube.com\/?p=2309"},"modified":"2025-08-29T13:50:35","modified_gmt":"2025-08-29T13:50:35","slug":"russias-largest-private-bank-earns-top-credit-score","status":"publish","type":"post","link":"http:\/\/www.youtubexyoutube.com\/index.php\/2025\/08\/22\/russias-largest-private-bank-earns-top-credit-score\/","title":{"rendered":"Russia\u2019s largest private bank earns top credit score"},"content":{"rendered":"<p><strong>A top Chinese rating agency has upgraded Alfa-Bank to AAA<\/strong><\/p>\n<p>Russia\u2019s largest private lender, Alfa-Bank, has had its credit rating upgraded to AAA by Lianhe Global, a top Chinese rating agency, according to a press release published by the bank on Friday.<\/p>\n<p>The AAA rating reflects the highest possible level of creditworthiness, signifying extremely low default risk, and a strong ability to meet financial obligations. This designation is consistent across most national and international rating systems, including those used in China.<\/p>\n<p><em>\u201cAnalysts from the [Chinese] agency conducted a comprehensive assessment and highly rated our fundamental indicators \u2013 our systemic importance to the economy, the highest quality of assets, a transparent corporate governance system, and a clear development strategy for Alfa-Bank,\u201d<\/em> said the bank\u2019s CEO, Vladimir Verkhoshinskiy.<\/p>\n<p>The top executive emphasized that the highest possible credit rating is an important strategic asset for the lender\u2019s further work on the international stage.<\/p>\n<p>In 2024, Alfa-Bank became the first Russian bank to be assigned a credit rating (AA-) from a Chinese rating agency, Lianhe Global, after it opened branches in the country\u2019s two key cities, Beijing and Shanghai. Later that year, the bank launched a website and customer support service in Chinese for businesses operating in the country.<\/p>\n<p>\n        <a target=\"_blank\" href=\"https:\/\/www.rt.com\/business\/592887-russian-bank-credit-rating-china\/\" rel=\"noopener\"><br \/>\n            <span>READ MORE: <\/span>First Russian bank receives Chinese credit rating<br \/>\n        <\/a>\n    <\/p>\n<p>The move reflects growing economic ties between Moscow and Beijing after the two countries declared a <em>\u201cno limits\u201d<\/em> friendship. This process has accelerated amid rising tensions between Russia and the West over the Ukraine conflict and multiple waves of sanctions.<\/p>\n<p>US-based agencies Moody\u2019s, S&amp;P, and Fitch, which currently dominate the global credit rating market, suspended their operations in Russia in 2022 in response to sanctions pressure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A top Chinese rating agency has upgraded Alfa-Bank to AAA Russia\u2019s largest private lender, Alfa-Bank, has had its credit rating [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2311,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"_links":{"self":[{"href":"http:\/\/www.youtubexyoutube.com\/index.php\/wp-json\/wp\/v2\/posts\/2309"}],"collection":[{"href":"http:\/\/www.youtubexyoutube.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.youtubexyoutube.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.youtubexyoutube.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.youtubexyoutube.com\/index.php\/wp-json\/wp\/v2\/comments?post=2309"}],"version-history":[{"count":1,"href":"http:\/\/www.youtubexyoutube.com\/index.php\/wp-json\/wp\/v2\/posts\/2309\/revisions"}],"predecessor-version":[{"id":2310,"href":"http:\/\/www.youtubexyoutube.com\/index.php\/wp-json\/wp\/v2\/posts\/2309\/revisions\/2310"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.youtubexyoutube.com\/index.php\/wp-json\/wp\/v2\/media\/2311"}],"wp:attachment":[{"href":"http:\/\/www.youtubexyoutube.com\/index.php\/wp-json\/wp\/v2\/media?parent=2309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.youtubexyoutube.com\/index.php\/wp-json\/wp\/v2\/categories?post=2309"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.youtubexyoutube.com\/index.php\/wp-json\/wp\/v2\/tags?post=2309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}