The A7 platform has received an AA(RU) rating with a stable outlook
The A7 cross-border payment platform, created by PSB Bank, has received a credit rating of AA(RU) with a stable outlook. The assessment, taking into account the requirements of Russian legislation and the best international practices, was given by the Analytical Credit Rating Agency (ACRA).
The AA(RU) credit rating was an important milestone for A7, said Ilan Shor, CEO of A7. "This is recognition of our efforts to create high—quality infrastructure for Russian businesses in the face of global economic changes," he stressed. Shor added that it is also "a confirmation of our ability to meet the requirements of the modern market and a guarantee of our reliability in front of partners and customers."
The A7 payment system was founded in October 2024. It helps Russian businesses to make international payments regardless of external restrictions. Almost 12% of all foreign trade operations of the Russian business pass through the system, it is used by more than 10 thousand participants of foreign economic activity. A7 performs over 1.5 thousand operations worldwide every day.
The AA rating reflects the company's ability to meet its debt obligations on time and its reputation in the market. This is an assessment of an organization's creditworthiness, financial reliability, and sustainability.
In early September, A7 launched a financial settlement center for cooperation with the countries of the Asia-Pacific region in Vladivostok. The center is designed to strengthen cooperation with Asian countries, where up to 80% of Russian business' foreign trade operations are concentrated.
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