Pivdenny Bank affirms its long-term credit rating at uaAA

Credit-Rating, an independent rating agency, affirmed the long-term credit rating of Pivdenny Bank at uaAA with a stable outlook.

Confirmation of the Bank’s credit rating is based on the growth of operating profit, increase in capital, maintaining a low level of problematic loans and the qualitative structure of attracted funds.

According to the agency’s national rating scale, a borrower with a rating of uaАА is characterised by very high solvency compared to other Ukrainian borrowers or debt instruments, and a stable outlook indicates that there are currently no prerequisites for changing the rating throughout the year.

We would like to remind you that in March 2020, the agency also affirmed the bank deposit credit rating of Pivdenny Bank at the level of "4+", which means high reliability and is additional evidence of the bank’s stability and reliability.