The RURIC National Credit Rating Agency confirmed BANK ALLIANCE JSC long-term borrower credit rating of uaAAA investment category with a stable outlook and also determined the bank's deposit rating at r5-.
The rating data were announced at a meeting of the Agency's Rating Committee on January 9, 2020.
A borrower with a uaAAA rating has the highest credit standing compared to other Ukrainian borrowers.
A stable outlook indicates that there are no prerequisites for changing the rating level in the near term.
The deposit rating level of r5- is the highest reliability indicator. This means that BANK ALLIANCE, in comparison with other banks in Ukraine, is reliable, minimally sensitive to the effects of adverse commercial, financial and economic factors. The probability of deposit repayment is very high.
The rating was used by the National Rating Scale (NRSH), approved by the relevant resolution of the Cabinet of Ministers of Ukraine. Credit rating was determined on the basis of a specially developed copyright method, taking into account the requirements of the current Ukrainian legislation and international standards.
For rating, some qualitative and quantitative indicators of the Bank were compared with the average indicators on the banking system of Ukraine and with the corresponding indicators of the analog banks from the Rurik NRA database.
The key factors according to which the rating of the BANK ALLIANCE borrower was conducted are the acceptable concentration of the client loan portfolio by the main borrowers and diversification of the Bank's passive operations; sufficient performance indicators, high quality of the client's loan portfolio and the presence of a well-thought-out comprehensive development strategy. A complete list of evaluation indicators can be found on the NRA's Rurik website.
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