According to the experts of the agency, the ratings reflect the bank's adequate corporate governance and risk culture, which is supported by the involvement of the International Finance Corporation (a 15% stakeholder) in the bank's Supervisory Board as well as its Strategy and Risk Committees; its niche franchise in SME lending and money transfer business, especially in the City of Andizhan in the Region of Fergana; the granular nature of the bank's credit risk

The banks said that the analysts of Moody’s Elena Redko and Olga Ulyanova visited headquarters of Hamkorbank in Andijan to familiarize with its activities.

According to analysts, strengthening of position in corporate and retail sectors, preserving of goods financial figures, good diversification of credit portfolio will serve as main factor for receiving high rating in the perspectives.