Independent rating agency Credit-Rating announced the confirmation of the long-term credit rating of the First Ukrainian International Bank (FUIB) at the level uaAA. The rating outlook is stable. The agency has also confirmed the deposits reliability rating of the bank at the level of “5” (highest reliability). The rating was updated on September 29.
When upgrading the ratings, the agency has considered financial statements of FUIB for 2014-2015 and 1st half of 2016, as well as internal information provided by the bank during the rating process.
The borrower or the debt instrument with a rating uaAA is characterized by a very high creditworthiness compared to other Ukrainian borrowers or debt instruments. Stable outlook indicates that there are currently no anticipated reasons to change the rating during the year.
The bank deposits reliability rating at the level of “5” (highest reliability) means that the bank is reliable and minimally sensitive to adverse business, financial and economic factors. Probability of problems with the return of the deposits in time is very low. (FUIB/Business World Magazine)