UkrSibbank announced on Friday that it has been named one of the top performing banks in Ukraine after tallying the results of three rating systems.
The MOF internet portal named the financial institution as one of the most stable banks in the country; the website used data and analysis from Dragon Capital, Expert Rating, Da Vinci Ag and the Ukrainian Credit Rating Agency. They looked into investor loyalty, liquidity, assets and their quality.
Focus placed the bank in fifth place overall on their list of retail banking institutions, awarded because it performed well in four different areas, according to the publication. The bank was recognized in areas of banking card convenience, deposits and reliability of loans.
Money, a leading publication, ranked the bank as the sixth best in terms of reliability.
According to the bank, Standard Rating gave UkrSibbank the highest rating among other parent banks in the country. It was also considered to be a leader in supporting small and medium-sized enterprises.