The assessment of national rating agencies allows you to objectively consider and confirm the bank's market position. In this regard, we are pleased to announce the confirmation of Alliance Bank's consistently strong position.
On July 12, 2021, the national rating agency Rurik confirmed JSC BANK ALLIANCE long-term credit rating of the borrower at the level of uaAAA investment category with a forecast of "stable".
The letters "ua" indicate the national rating scale. It allows you to measure the distribution of credit risk in Ukraine and is designed for the domestic financial market. The assessment is performed by comparing the bank's indicators with the average indicators of Ukrainian banks and analogue banks from the NRA Rurik database.
During the evaluation, the agency noted:
• High level of support from the owner. In the first quarter of 2021, the authorized capital of the bank was increased to UAH 457 million.
• Diversification of the bank's loan portfolio by the largest borrowers, which reduces its sensitivity to credit risk.
• High quality client loan portfolio.
• Acceptable currency structure of the client loan portfolio: 66% of loans were provided in the national currency (as of April 1, 2021).
• Well-thought-out development strategy to lend to agricultural producers using agricultural receipts.
• High level of financial transparency and information openness of the bank.
Also, the National Rating Agency "Rurik" has rated the reliability of deposits of JSC "BANK ALLIANCE" at the level of r5. It is worth noting that the valuation of Alliance Bank's deposits over the last four years has risen 3 steps higher.
Among the most significant positive factors influencing the Alliance Bank's high assessment were:
• sufficient values of liquidity indicators,
• acceptable quality of the bank's client loan portfolio and diversification by the largest creditors.
