Long-term credit rating according to the National Rating Scale: uaAAA
Credit Rating Forecast: in development
Last update: July 27, 2023
+38 (099) 037-19-83
On 10.02.2023, Moody's Investors Service downgraded the long-term foreign and local currency ratings of the Ukrainian government and its senior unsecured foreign currency debt to «Ca» from «Caa3» and changed the outlook to «stable» from «negative». In this regard, the long-term counterparty risk ratings of Ukrainian banks were also downgraded to the level of the Ukrainian government.
The ratings downgrade to «Ca» is due to the effects of the war with Russia, which are likely to pose long-term challenges to Ukraine's economy and public finances.
We adhere to the requirements of the Law of Ukraine "On System of Private Individual Deposit Guarantee" and the normative acts of the Deposit Guarantee Fund for informing depositors about the system of compulsory of individuals' deposits guarantee and about the bank's participation in the Deposit Guarantee Fund.
Honored Economist of Ukraine. He has worked in banks for 25 years. From 1991 to 1995 he worked for Nord Bank. From 1995 to 2011 — for the bank "Pivdennyi", where for 12 years he has been the Chairman of the Board.