THE PREMIER TURKISH BANK
IN UKRAINE

Creditwest Bank ratings

JCR Eurasia Rating

On June 24, 2019 the  international rating agency JCR Eurasia Rating has affirmed the ratings of JSC West Finance and Credit Bank at ‘AA (Ukr)’ on the Long-Term National Scale denoting a very high level of investment grade and affirmed ‘A-1+ (Ukr)’ on the Short-Term National Scale while upgrading the outlook on the Long-Term National Scale to “Positive”.

JCR Eurasia has also affirmed the Long-Term International Foreign and Local Currency ratings as ‘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) /(Positive 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 27th, 2019 an authorized national rating agency IBI-Rating confirmed the long-term credit rating ‘uaAA+’ of JSC “CREDITWEST BANK” under the National Rating Scale and affirmed outlook at ‘Stable’ (the rating is of investment grade).

 

IBI-Rating has also affirmed Bank Deposit Reliability Rating of JSC “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’

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