Raiffeisen Bank Ratings Updated to the Highest Level by RA "Standard-Rating"

On March 6, 2024, the rating committee of RA "Standard-Rating" decided to update the ratings of Raiffeisen Bank, as stated in the agency's announcement.

The bank's ratings have been updated by the agency to the highest level, consistent with previous periods:

• The long-term credit rating of Raiffeisen Bank on the national scale has been updated to uaAAA, confirming the bank's highest creditworthiness compared to other Ukrainian borrowers or debt instruments.
• The short-term credit rating of Raiffeisen has been updated on the national scale to uaK1, also indicating high creditworthiness.
• The deposit rating of Raiffeisen Bank has been confirmed at ua1 according to the RA "Standard-Rating" scale.

According to the agency, the decision to update Raiffeisen Bank's ratings was based on an analysis of the bank's performance in 2023, its statistical reporting data for 2023 and January 2024, as well as special and regular information from the bank as a securities issuer.