Moody's improves outlook on Aton Capital Group

06/09/2016

An international credit rating agency Moody's Investors Service has changed the outlook on Aton Capital Group (ACG) from negative to stable on the B2 local and foreign currency long-term issuer ratings. At the same time, the agency has affirmed B2 credit rating of ACG.

The stable outlook on ACG's ratings was prompted by its business model’s resilient profitability despite a challenging operating environment and external shocks. Moody’s analysts noted capital adequacy of ACG, conservative risk management policy and good liquidity profile that contribute to holding leading positions in retail brokerage in Russia.

Moody's analysts expect stabilization of economic conditions and the improvements of the company's revenues in 2016-17.


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