RA "Standard-Rating" reaffirmed the ratings of Raiffeisen Bank Aval at a high level
Kiev. 17 August. RA “Standard-Rating" 15 August, took the decision to update the ratings of JSC “Raiffeisen Bank Aval”. About it reads the Agency.
As and the previous periods, all ratings of the Bank are confirmed by the RA “Standard Rating” to high level.
in Particular, long-term credit rating of Raiffeisen Bank Aval national scale updated on the level uaAAA that has confirmed the 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”.
Taking the decision to update the ratings of Raiffeisen Bank Aval", the Agency was guided by the results of the analysis of the results of the financial institution for the first half of 2018 year, special and regular information of the Bank as the Issuer of the securities.
notes RA “Standard-Rating" in January-June of this year, Raiffeisen Bank Aval continued to increase their balance sheet indicators, including assets — 3.19% to 68,411 billion UAH. liabilities’liabilities — 6.74% to 59,126 billion. The Bank continues to increase the volume business shows the growth rate of loans and debts of clients 41,393 billion, or of 12.34% over six months.
the Agency reminds also that in January, 2018 year an agreement was signed between EBRD and Raiffeisen Bank Aval about the participation of a Ukrainian Bank in the Program of risk distribution, whereby the loans become more accessible to small and medium-sized enterprises and some big companies in Ukraine.
As and the previous periods, capital ratios and liquidity ratios Raiffeisen Bank Aval meet all the requirements set by NBU. According to the Agency, on the moment, the Bank's capital is not need, but the presence among the shareholders of Raiffeisen Bank international and the European Bank for reconstruction and development, which can provide a high level of external support has a positive effect on the credit rating of Raiffeisen Bank Aval national scale.
"Thus the beginning of the third quarter of 2018 years, the Bank has adequate regulatory capital, had the good indicators of liquidity ratios, and it in the first half of 2018 year has remained profitable. These factors made it possible to confirm the ratings of JSC “Raiffeisen Bank Aval" — summarizes in its report, the Rating Agency “Standard Rating”.
the Rating Agency “Standard-Rating" created in Ukraine in October 2010 years a subsidiary of European rating company GPRC “StandardRating”. In April 2012 years NCSSM has included RA “Standard-Rating" (Ukraine) the register of authorized rating agencies.
