Empire Trust JSC


Rating Actions

26.07.2016
AK&M Rating Agency has withdrawn the ‘B+’ credit rating assigned to the 'Income Mortgage 2' mortgage participation certificates, with a stable outlook, due to the Customer’s refusal to have the rating updated.
AK&M Rating Agency cannot affirm or revise the credit rating of the 'Income Mortgage 2' mortgage participation certificates at the moment of withdrawal due to the Customer’s (JSC Empire Trust) refusal to provide information required for the rating analysis. AK&M Rating Agency 14.07.2015
AK&M Rating Agency has assigned a 'B+' national scale credit rating to mortgage participation certificates 'Income Mortgage 2', with a stable outlook.
The rating assignment was based on the Credit Rating Methodology for Mortgage Participation Securities Secured by Commercial Real Estate. The 'B+' rating indicates satisfactory creditworthiness of the mortgage securities. The rating assigned reflects the acceptable level of risks related to

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