“Expert-Rating” confirmed the high long-term rating of UKRSIBBANK
On September 10, 2019, the rating agency Expert Rating confirmed UKRSIBBANK BNP Paribas Group long-term credit rating at uaААА according to the national Ukrainian scale, which means a high level of solvency. Such a high score indicates the reliability and stability of the bank.
In deciding to update the rating, the agency took into account the results of the bank’s work for the first quarter of 2019, as well as the statistical reporting of the bank for 2018 and for January-July 2019.
The agency highly appreciates the financial results of UKRSIBBANK BNP Paribas Group, in particular, the ability of the bank to generate significant amounts of profit, which has been demonstrated in the last 10 quarters in a row. The share of non-operating loans (NPL) in the loan portfolio of the bank is 3.9 times less than the market average. The bank’s asset portfolio is well diversified, which has a positive effect on its quality.
You can learn more about UKRSIBBANK BNP Paribas Group long-term rating and valuation technique on the page of RA Expert-Rating.