AK BARS Bank participated in the meeting of Russia-Bahrain Business Council members

AK BARS Bank participated in Russia-Bahrain Business Council meeting which AK BARS Bank joined in 2015. The meeting took place on 21 October in Sochi.

The event also became a negotiation venue for leading companies and banks of Bahrain and Russia. The AK BARS Bank arranged a number of B2B meetings with Bahraini financial institutions.

The meeting demonstrates strengthening cooperation between Bahrain and Russia being an impetus for the expansion of bilateral relations.

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On 10 July, 2018 Moody’s Investors Service upgraded to b3 from caa1 the Baseline Credit Assessment (BCA) of Ak Bars Bank.
Agency evaluated the Bank’s key indicators: assets, equity, borrowed funds, individual bank deposits, loan portfolio, additionally, assets and equity growth rates, individual and corporate loans.