Alliance Bank became the first bank with 100% Ukrainian capital to receive an international credit rating of investment level "B" (short-term) with a forecast of "Stable".
Since the economic and political crisis of 2014-2015, which had an extremely negative effect on the banking system as a whole, in 2019 Bank Alliance became the first bank with 100% Ukrainian capital to receive an international credit rating of investment level "B" (short-term). ) with the forecast "Stable".
In 2020, as part of the annual rating update procedure, the Alliance maintained its position - the rating agency S&P Global praised the dynamics of the bank's development and strengthening its business position, reaffirming the bank's international credit rating at the same level.
"Standard & Poor's is one of the three most reputable international rating agencies, and it is extremely important for us that they appreciate the activities of our bank every year. The international credit rating reflects an independent opinion about the bank's creditworthiness and reliability," said Yulia Frolova, Chairman of the Board. Alliance".
Among the key aspects of the Bank's activity, S&P representatives noted the presence of an adequately structured liquidity cushion, extremely low problem debt (less than 1%), as well as a number of other positive indicators of low-risk loan portfolio - short-term (74% of loans are closed in 1 year). the share of loans denominated in foreign currency (31% of the total portfolio), and the fact that foreign currency loans are issued mainly to companies that receive foreign exchange earnings.
Alliance is a Ukrainian bank that specializes in servicing small and medium-sized businesses and agricultural producers. In terms of net assets, the bank ranks 26th among 74 banks in Ukraine and 10th among banks with Ukrainian capital: as of October 1, 2020, the value of its net assets is UAH 5,150 million.
"Cooperation with international institutions is one of the priorities in the bank's development strategy. Today, in partnership with the European Investment Bank, we are developing the private sector, agriculture and energy efficiency projects. In parallel with the bank's participation in a number of international business support and development programs in Ukraine. An independent, highly qualified assessment of the results of this cooperation with international partners is important - that is why the bank cooperates with S&P. The Alliance has once again been highly praised internationally - it will help us expand our Ukrainian and international partners and maintain the bank's rapid development, "Yulia Frolova commented. .
