The national rating agency Rurik reaffirmed JSC BANK ALLIANCE's long-term credit rating of the borrower at the level of uaAAA investment category with a forecast of "stable", and raised the bank's deposit rating to the highest level "r5".
The rating data were announced at a meeting of the Agency's Rating Committee on January 22, 2021.
A borrower with a rating of uaAAA is characterized by the highest creditworthiness compared to other Ukrainian borrowers.
The forecast "stable" indicates the lack of prerequisites for changing the rating level in the near future.
The highest level of reliability rating of deposits "r5" - is an indicator of absolute reliability. This means that BANK ALLIANCE, in comparison with other banks in Ukraine, is reliable, minimally sensitive to the impact of adverse commercial, financial and economic factors. The probability of return of deposits is very high.
The National Rating Scale (NRS), approved by the relevant resolution of the Cabinet of Ministers of Ukraine, was used during the rating assessment. The level of credit rating was determined on the basis of a specially developed author's methodology taking into account the requirements of current Ukrainian legislation and international standards.
For the rating assessment, some qualitative and quantitative indicators of the Bank were compared with the average indicators of the banking system of Ukraine and with the corresponding indicators of similar banks from the NRA Rurik database.
The key factors according to which the borrower BANK ALLIANCE was rated:
- acceptable concentration of the client's loan portfolio by major borrowers
- diversification of passive operations
- sufficient indicators of the Bank's efficiency
- high quality client loan portfolio
- availability of a well-thought-out comprehensive development strategy
- high level of financial transparency and information openness of the Bank.
The full list of evaluation indicators can be found on the NRA Rurik website.
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