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Saturday, August 19, 2017

Prominvestbank's long-term credit, bond rating held at uaAA+

Ukraine's Prominvestbank, one of the country's largest banks, announced recently that rating agency Expert Rating has confirmed the bank's long-term credit rating and outstanding bonds rating of uaAA+.

The decision was based on an analysis of Prominvestbank's 2013 report and a report from the first quarter of 2014, which demonstrate stable activity and growth in key areas.

In March, Prominvestbank--headquartered in Kiev, it has more than 850 branches across the country--was ranked among the top 10 most stable and reliable banks in the country on the Ukrainian Ministry of Finance's website.

Several other Ukraine banks have been hit hard by the ongoing political turmoil in the country.