UKRSIBBANK long-term rating has been proved at the level uaAAА according to the National Ukrainian scale

In August 2023 Rating agency «Expert-Rating» proved the UKRSIBBANK BNP Paribas Group long-term rating at the level uaAAА according to the National Ukrainian scale. This means that the Bank has the highest credit capacity compared to the other Ukrainian banks or debt instruments. Such a high evaluation is evidence of reliability and sustainability of the Bank.

Taking decisions on updating the rating, the Agency took into consideration the results of the Bank’s operation for the first half-year 2023, the statistical reporting for the year 2022, and for the January – July period 2023.

«As at the beginning of August 2023, UKRSIBBANK is well-secured with regulatory-, and core capital: Н1 ratio of the Bank is almost 85 times exceeds the minimum required indicator for this ratio, and the Н2 and Н3 ratios not only twice exceeds the NBU set benchmarks, but are significantly higher than average-market indicators.

As of 01 July 2023, the UKRSIBBANK assets, as previously, are characterized by a substantial portion of highly liquid instruments, and are well diversified, which allows decreasing the impact of portfolio-related risks on the Bank’s activity.

During the last quarters at a run (except for the first quarter 2022), the Bank permanently generates large amounts of income, which is evidence of the high efficiency of the Bank’s operational activity.

The Agency once again reminds of that UKRSIBBANK has unprecedentedly high level of international support by its shareholders: BNP Paribas and EBRD”, – as it reads in the conclusions of the analytical department of the RA “Expert-Rating”.

To learn more about the rating, please refer by link .