15.11.2019

“Expert-Rating” confirmed the high long-term rating of UKRSIBBANK at uaAAA level

On November 13, 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.

When deciding to update the rating, the agency took into account the bank’s performance for the nine months of 2019, as well as the bank’s statistical reports for 2018 and for January-October 2019.

The Agency highly appreciates the financial performance of UKRSIBBANK: for 11 consecutive quarters, the bank has demonstrated large volumes of profit, which positively affects its credit rating.

In the

3Q’19
the UKRSIBBANK has posted NPAT (net profit after tax) of

UAH 2.07 BN
(

+ 9,2% YoY
). The net banking income reached

UAH 4.85 Bn
(+14.1% YoY) driven by the growth of the net interest income.

You can learn more about UKRSIBBANK BNP Paribas Group long-term rating and valuation technique on the page of Expert Rating Rating Agency.

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