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16 Jun 2020

The most reliable deposits are traditionally in Raiffeisen Bank Aval

Our bank has again topped the ranking by Standard Rating RA.

The rating agency “Standard Rating” (Ukraine) has summarized the results of its twenty-ninth «Rating of reliability (attractiveness) of bank deposits». Raiffeisen Bank Aval has again topped the rating, what confirms the reliability of saving and augmentation of costs of our clients.  

The given rating is based on the results of the activity of Ukrainian banks for 1Q 2020. This time, 56 Ukrainian banks have participated in the Standard Rating’s quarterly ranking.

The rating agency comments that Raiffeisen Bank Aval, in particular, received a net profit of UAH 1.036 billion for the first three months.  As at 1 April 2020, a NPL share in the bank’s credit portfolio was only  6.82% that is «times less than the average market NPL level in credit portfolios of banks, as before. For the first quarter, the NPL share in the bank’s credit portfolio has reduced”.

Raiffeisen Bank Aval is still one of the leaders at the Ukrainian market in terms of deposits of private individuals. The bank offers deposits in hryvnia, US dollars and euro on demand or for the period of 1, 2, 3, 6 and 12 months with a convenient interest payment  (in the end of a deposit period or on a monthly basis with a possibility of interest capitalization), as well as a possibility of deposit replenishment (by cash or by bank transfer via the Raiffeisen Online internet banking system, through ATMs or by a standing order for replenishment of a deposit) and with a number of other benefits. The term deposit rates are unchanged for the entire validity period.

More details about deposit programs of Raiffeisen Bank Aval.

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