Cistran Finance Exploring the Spirit of Capitalism's New Frontier

Sunday, August 25, 2019

Expert Ratings upholds UkrSibbank BNP Paribas' uaAAA rating

Ukraine's UkrSibbank BNP Paribas announced recently that rating agency Expert Rating has confirmed the bank's rating of uaAAA.

The agency said that Ukraine's financial institutions with the uaAAA rating are the most solvent and reliable. The rating was based on the bank's performance in the first six months of this year.

"UkrSibbank is a part of international financial group BNP Paribas that is present in nearly 80 countries," Philippe Joannier, the chiarman of UkrSibbank BNP Paribas Group, said. "We are very satisfied with the ongoing results of our performance in the present circumstances in Ukraine. We appreciate the acknowledgement of UkrSibbank as a strong business entity and a reliable player on the banking market."