01.10.2009 National Rating Agency improves the individual reliability rating of Finam Asset Management

National Rating Agency improves the individual reliability rating of Finam Asset Management

National Rating Agency has raised Finam Management’s individual reliability rating to A (high reliability). The consistent corporate strategy and balanced financial policy, as well as Finam Asset Management market position, were taken in consideration when upgrading the rating.

“Significant experience in financial markets, consistent corporate strategy and balanced financial policy, effective decision-making, tight cooperation of companies within the group, appliance of cutting-edge technologies, efficient risk management have positively affected the rating. Those competitive advantages give ground for solid growth, improving market positions, acquiring new clients and diversifying business.” – states Alex Kamenev, chef analyst of National Rating Agency.

In a press release on the upgrading, National Rating Agency says, “Finam Asset Management’s financial statement shows an improvement in all its headline indicators. Negative operational environment has not affected company’s equity, assets and profit.” NRA experts state that Finam Asset Management team is capable of realizing the company’s strategy.

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