Pivdenny Bank High Reliability Deposit Rating Confirmed

On 29 April 2021, the independent Rating Agency Credit-Rating once again confirmed the reliability rating of Pivdenny Bank's deposits at the level of “4+” (high reliability).

Our bank has consistently earned “High Reliability” in the independent deposits rating since 2011, which is additional evidence of its stability and reliability.

The reliability rating of bank deposits represents the independent opinion of Credit-Rating with respect to the bank’s ability to timely and fully meet its obligations to repay deposits within 12 months. The rating is a dynamic indicator that may be revised in the event of adverse economic factors and/or changes in the bank’s performances.

Pivdenny Bank has been steadily fulfilling its obligations to clients for over 27 years and is a member and agent of the Individual Deposits Guarantee Fund of Ukraine. For the third year in a row, Pivdenny Bank has been named a systemic bank of Ukraine, and this year it was included in the list of critical infrastructure banks.

As a reminder, on 22 April 2021, Pivdenny Bank increased its authorised capital by UAH 222 million at the expense of profit distribution for 2019 and 2020.