RA "Standard-Rating" has confirmed the ratings of Raiffeisen Bank Aval at a high level

Kiev. August 29. — the Rating Committee of the Rating Agency “Standard-Rating" accepted August 25, the decision to update the ratings of JSC «Raiffeisen Bank Aval”. This is stated in the message Agency.

As in previous periods, the Bank's ratings are confirmed by the Agency at a high level. In particular, long-term credit rating of Raiffeisen Bank Aval on a national scale updated at the level uaAA+, which confirms the very 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 first half of 2016, as well as special and regular information of the Bank as Issuer of the securities.

According to the results of the first half of 2016, the assets of Raiffeisen Bank Aval increased by 4% to 53,289 billion, commitments’liabilities have increased by 1.32% to 45,566 billion UAH, own capital increased by 23.21% to 7,723 billion, cash and cash equivalents increased from 6,664 billion to have 7.371 billion.

“As of 1 June 2016 the Bank has been very adequate regulatory capital, had high values of liquidity ratios, and its activity has remained profitable. Against the backdrop of good results of the first half of 2016 JSC «Raiffeisen Bank Aval,” used high level of support from shareholders. These factors made it possible to confirm the ratings of JSC «Raiffeisen Bank Aval" high level”, — reports 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.