The article analyzes ratings of Russian banks to see how reliable they are for investors. They compare ratings from agencies and financial experts, looking at factors like bank size, profitability, and loan risks. The study finds that agency and expert ratings for virtual banks are similar, but there are differences. For example, liquidity is important for agency ratings but not for expert ratings. Also, overdue loans matter for virtual banks but not for real banks in expert ratings. This suggests that real banks might hide their overdue loans.