RA "Standard-Rating" has updated the ratings of Raiffeisen Bank Aval
Kiev. 12 Dec. — the Rating Committee of the Rating Agency “Standard-Rating" was made today, the decision to update the ratings of JSC “Raiffeisen Bank Aval”. About it reads the Agency.
All ratings of the Bank as and the previous periods is confirmed by the Agency on high level.
in Particular, long-term credit rating of Raiffeisen Bank Aval upgraded the national scale at the level uaAA+, evidenced by the very high creditworthiness of the Bank in comparison with other Ukrainian borrowers or debt instruments.
Short-term credit rating of the Bank upgraded to the national scale at the level uaK1 that indicates highest creditworthiness.
Deposit Rating Raiffeisen Bank Aval confirmed at the level ua1 for the scale of the RA “Standard Rating”.
the Decision to update the ratings of Raiffeisen Bank Aval was adopted by the Agency for the results of the analysis of the results of Bank work for 9 months of 2016 year and also its special and regular information as the Issuer of the securities.
As noted in the message of the RA “Standard-Rating" in January-September this year the Bank's assets rose to 51,674 billion UAH, while liabilities’liabilities decreased to 42,882 billion. Equity Raiffeisen Bank Aval increased by 40.27% to 8,792 billion. The Bank also managed to increase the funds of legal entities — 6.78% to 24,637 billion UAH, funds of individuals remained almost unchanged and totaled 16,015 billion. The structure of the resource base of the Bank with the beginning of the year practically does not change. &Nbsp;9 months of 2016 year, Raiffeisen Bank Aval made a profit $ 2,525 billion.
the Agency also recalled that shareholders — Raiffeisen Bank international and the European Bank for reconstruction and development fourth quarter of 2015 years provided the increase of the share capital of Raiffeisen Bank Aval with 3,022 6,154 billion. “At the moment, the Agency's opinion, the additional capitalization of the Bank is not needed, however, the presence of shareholders that can provide a high level of external support has a positive effect on its credit rating at national scale”, — said in the message of the RA “Standard Rating”.
the Rating Agency “Standard Rating” established in Ukraine in October 2010 as a subsidiary of European rating company GPRC “StandardRating”.In April 2012, NSSMC has included RA “Standard-Rating" (Ukraine) in the register of authorized rating agencies.
