Pivdenny Bank re-confirms the high reliability rating of its deposits

27.03.2020

On 26 March, the "Credit-Rating" Independent Rating Agency once again confirmed the reliability rating of Pivdenny Bank deposits at the level of 4+ (high reliability).

Our bank has been holding the position of "High reliability" in the independent deposit rating since 2011, which is additional evidence of its stability and reliability.

The Bank Deposit Reliability Rating describes the independent opinion of the "Credit-Rating" Company on the bank's ability to timely and fully fulfil its obligations to repay deposits within the next 12 months.

The rating is dynamic and can be revised in the event of adverse economic factors and/or changes in the bank's performance.

We would like to remind clients that for more than 26 years Pivdenny Bank has been steadily fulfilling its obligations to its clients and is a participant and agent of the Deposit Guarantee Fund.

Pivdenny Bank is a universal Ukrainian bank founded in 1993 with its headquarters in Odesa. The Bank offers a wide range of services to corporate clients and individuals throughout Ukraine through the regional network, which at the end of December 2019 numbered 98 branches. Pivdenny Bank's net profit for the year 2019 reached UAH 300 million, which is 9.5 % more than in the previous year. As of 2019, in accordance with the NBU decision, Pivdenny Bank is classified as a systemically important bank of Ukraine.