UCRA confirmed the credit rating of SBERBANK OF RUSSIA JSC at uaAA+ level with stable outlook and the bank deposits rating at A level (the highest reliability)
December 19, 2014, Kyiv ─ The Ukrainian credit rating agency (UCRA) announced the confirmation of long-term credit rating of JSC at uaAA+ level with stable outlook. The agency has also affirmed the rating of SBERBANK OF RUSSIA deposits on A level (the highest reliability).
According to the UCRA evaluation, SBERBANK OF RUSSIA credit rating is supported by high liquidity and efficiency of the bank, by strengthening market positions and business diversification. This, in turn, has a positive effect on the dynamics and structure of income of the financial institution.
The agency notes that a borrower rated «uaAA» is characterized by a very high creditworthiness compared to other Ukrainian borrowers.
"Financial obligations are met by the bank on time and in full. The Bank maintains a sufficient level of liquid assets and its credit and investment policy provides for minimizing the risks in lending and investment in securities. SBERBANK OF RUSSIA JSC demonstrates the high operational efficiency», ─ says the UCRA rating report.
The agency also notes satisfactory quality of the attracted resources and acceptable level of redundancy on active operations of the bank.
The bank's financial statements for the first half of 2014, as well as internal information provided by the bank during the rating process, was used for updating the credit rating. According to the agency, the stable outlook indicates that there are no anticipated reasons to change the rating of the bank during the year.
To view the complete version of the report please follow the agency's website.
For more detailed information please address «SBERBANK» JSC branches or contact the Call-center: 5595 (call back) or + 38 044 354 15 15.
pr@SBRF.com.ua«SBERBANK» JSC is a universal commercial Bank which provides full service banking to all client categories. According to the National Bank of Ukraine, Sberbank is ranked among the top 10 largest financial institutions of the country as per its assets. «SBERBANK» JSC is a 100% subsidiary bank of Sberbank.
«SBERBANK» JSC. License of the National Bank of Ukraine No 198 of 18.12.2015. Full service banking.
Official site – www.sberbank.ua.