THE PREMIER TURKISH BANK
IN UKRAINE

Creditwest Bank ratings

JCR Eurasia Rating

On July 20, 2018 the international rating agency JCR Eurasia Rating has upgraded the rating of PJSC “CREDITWEST BANK” on the Long Term National Scale to ‘AA (Ukr)’ Outlook ‘Stable’ from ‘AA-(Ukr)’ Outlook ‘Positive’ denoting a very high level of investment grade and affirmed ‘A-1+(Ukr) on the Short Term National Scale. JCR Eurasia has also affirmed the Bank’s Long-Term International Foreign and Local Currency ratings at ‘BB-’ positioned above the country ceiling.

The detailed rating information is in the table below:

Name of rating

Level

Long Term International Foreign Currency

BB- /(Stable Outlook)

Long Term International Local Currency

BB- /(Stable Outlook)

Long Term National Local Rating

AA(Ukr) /(Stable Outlook) 

Short Term International Foreign Currency

B /(Stable Outlook)

Short Term International Local Currency

B /(Stable Outlook)

Short Term National Local Rating

A-1+(Ukr)/(Stable Outlook)

Sponsor Support

2

Stand Alone

AB

 

IBI-Rating

On June 27, 2018  the authorized national rating agency IBI-Rating upgraded the long-term credit rating of PJSC “CREDITWEST BANK” to ‘uaAA+’ under the National Rating Scale with the change of outlook to ‘Stable’ (the rating is of investment grade).

IBI-Rating has also affirmed Bank Deposit Reliability Rating of PJSC “CREDITWEST BANK” at the level 5+ ‘excellent reliability.

A financial institution with ‘uaAA+ credit rating is characterized by very strong creditworthiness if compared to other Ukrainian institutions.

Bank Deposit Reliability Rating at the level 5+ ‘excellent reliability’ indicates that the  financial institution is reliable, promptly and in full meets its obligations in line with current legislative requirements, including the requirements provided by the National bank of Ukraine, and has a good reputation.

Name of rating

Level

Long-term National Scale l Rating

uaAA+

“Stable” Outlook

Bank Deposit Rating

5+ ‘Excellent reliability’

 

For more detailed information, please, visit page