Website of the corporation:sistema.com/
Sistema JSFC is the largest public diversified financial corporation in Russia and the CIS with large assets in various sectors of economy. Companies controlled by Sistema JSFC are operating in Russia, other CIS countries, East and West Europe providing services related to telecoms, hi-tech, fuel & energy, petrochemistry, radio and space technologies, banking, retail trade, mass media, travelling and healthcare to more than 100 million consumers.
Rating Actions06.07.2016The 'A++' rating indicates that Sistema JSFC qualifies as an extremely creditworthy borrower, with the lowest risk of a delay in meeting liabilities imaginable. The rating assignment was based on the Credit Rating Methodology for Corporates (Issuers) and Financial Assets rev. January 23, 20107.07.2015The key positive factors which continue supporting the high rating of Sistema JSFC is the low debt burden, the acceptable interest coverage, the relatively high business profitability and the comfortable structure of the debt liabilities assumed by the Company.
Despite the forfeiture of one of its 03.10.2014
The negative outlook reflects the much higher probability of seeing JSOC Bashneft shares withdrawn from the Company and follows the placement of Sistema's major shareholder and Chairman of the Board of Directors under house arrest.
While JSOC Bashneft is currently generating about half 09.06.2014
CJSC AK&M Rating Agency has affirmed the national scale credit rating of Sistema Joint-Stock Financial Corporation at 'A++'. The outlook is stable.
The 'A++' rating indicates that Sistema JSFC qualifies as an extremely creditworthy borrower, with the lowest risk of a del10.12.2013The 'A++' rating indicates that Sistema JSFC qualifies as a highly reliable borrower, with the lowest risk of a delay in meeting liabilities imaginable.
The positive rating action was motivated by JSFC Sistema's sustainable, positive development and impressively growing profitability.
08.04.2013The ‘A+' rating indicates that JSFC Sistema qualifies as a highly reliable borrower. Risk of a delay in meeting liabilities is insignificant.
We appreciate the Company’s ever stronger consolidated revenue and net profit position, growing return ratios, increasing assets and equity c21.03.2012The ‘A+' rating indicates that JSFC Sistema is qualified as a highly reliable borrower. Risk of a delay in meeting liabilities is insignificant.
One of the drivers promoting the rating score is the impressive revenue and income the Company has achieved. For 9 months 2011, JSFC Sistema'11.08.201025.06.2009