RA "Standard-Rating" has updated the ratings of Raiffeisen Bank Aval

Kiev. May 25. — the Rating Committee of the Rating Agency “Standard-Rating" adopted may 24 a decision to update the ratings of JSC «Raiffeisen Bank Aval”. This is stated in the message Agency.

All ratings of the Bank as in previous periods, confirmed by the Agency at a high level.

in Particular, long-term credit rating of Raiffeisen Bank Aval updated on the national scale at the level uaAAA, which confirms the high creditworthiness of the Bank compared to other Ukrainian borrowers or debt instruments.

Short-term credit rating of the Bank upgraded the national scale at the level uaK1, which also indicates high creditworthiness.

Deposit Rating Raiffeisen Bank Aval confirmed at the level ua1 on a scale of RA “Standard Rating”.

the Decision to update the ratings of Raiffeisen Bank Aval was adopted by the Agency on the basis of the analysis of the results of the Bank for the 1st quarter 2017.

In his message of RA “Standard Rating” notes the increase in the number of financial indicators of Raiffeisen Bank Aval in January-March of this year, including — assets, liabilities’commitments, equity, cash and cash equivalents, funds of legal and physical entities. As in previous periods, the Bank complied with all regulations of the NBU, the value of which in the Raiffeisen Bank Aval significantly exceed the minimum and average.

the Agency also notes that 1 quarter of 2017 Raiffeisen Bank Aval finished with a profit of $ 1,449 billion, more than double the amount of profit received for the same period in 2016.

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.