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Penza region proved its credit solvency rating with a stable forecast
Penza region proved its credit solvency rating with a stable forecast
Economy 17.09.2019

The Analytical Credit Rating Agency (ACRA) confirmed the credit solvency rating of Penza region at the ruBBB+ level – a stable forecast.

The credit solvency rating is given on the basis of an analysis of a set of support factors and stress factors where the key assessment directions are socioeconomic risks, financial risks, regional investment climate and strategy.

The given result of the credit rating of Penza region is provided for by the balanced budget, high level of regional income forecasting and moderate debt leverage.

For the first time the credit rating of Penza region was published by ACRA in September 2018. The next revision of the credit rating and its forecast for Penza region is expected in March 2020.

For reference. The Analytical Credit Rating Agency (ACRA) is a Russian rating agency founded on November 20th, 2015 specializing in research and communication.