RAEX (Expert RA) Сonfirms А++ for INFINITUM Asset Services for the Fourth Time

RAEX (Expert RA) has confirmed А++ (Exceptionally High (the Highest) Reliability (Long-Term Creditworthiness) Rating, stable outlook) for INFINITUM Asset Services for the fourth time. The rating was assigned in 2012 for the first time.

Key facts, such as absence of debt burden as of 30.06.2016, low income dependence on major customers and the high capital adequacy to assets ratio (72.5% as of 30.06.2016) have made a positive impact on the rating. Other positive factors included a good quality of investments (as 31.07.2016 all the investments are the investments in companies with a credit rating comparable to that of A and higher according to RAEX (Expert RA) scale), a high profitability level (return on equity amounted to 52.2% for the period from 06.30.2015 to 30.06.2016) and the significant size of the business (as of 30.06.2016 the cost of the securities taken into account by the company within its special depository activities amounted to 2,364 billion rubles).

«We also consider the availability of the specialized software, special depository’s membership in the SRO and the relatively high level of risk management, including the ISO Quality Management System Certificate as positive factors,» Stanislav Volkov, Managing Director for RAEX (Expert RA) Bank Ratings, adds.

«We have been working year by year to confirm such a high rating, to maintain such a high standard, which is the indicator of the work of our entire team. INFINITUM Asset Services will always be focused on the profitability of the business, its sustainable development and the implementation of a reasonable investment policy,» Ekaterina Pechenkina, Deputy Managing Director of INFINITUM Asset Services, said.