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ASTRA BANK Received the Highest Rating of Reliability of Bank Deposits - News - OJSC ASTRA BANK

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ASTRA BANK Received the Highest Rating of Reliability of Bank Deposits

Apr. 07, 2009

In March 30, 2009 ASTRA BANK received the highest rating of reliability of bank deposits – “5 points”.
Rating agency “Credit rating” determined and published on its site the rating of profitability of deposits in 73 Ukrainian banks. The rating was determined according to the rating scale developed by the agency and characterized the level of reliability of deposits at the Bank in comparison with other Ukrainian banks.
The rating of profitability of bank deposits will allow potencial clients choosing reliable bank and take decision as on the expediency of the deposit at this bank.
Chairman of the Management Board of ASTRA BANK Mykhailo Vlasenko said: “ASTRA BANK is one of not numerous banks which continues issuing loans. It proves that the Bank has no problems with liquidity and it is one of the criteria that was used when the reliability of bank deposits was determined. The highest rating of reliability of bank deposits proves that ASTRA BANK is a reliable bank and that it is not sensitive to the influence of unfavorable economic factors”.

Reference:

ASTRA BANK is a universal bank that offers a full range of bank services. In March 2008 it was acquired by one of the biggest financial groups in Greece and Southeastern Europe Alpha Bank Group Greece. ASTRA BANK is a participant of Guarantee Fund of Private Individuals’ Deposits. Pursuant to the data of Association of Ukrainian Banks ASTRA BANK belongs to top thirty Ukrainian Banks by the volume of its equity. ASTRA BANK has got long-term credit rating uaBBB+.

Alpha Bank was founded in 1879. Nowadays bank network counts more than 900 branches. Assets of Alpha Bank are EUR 64 000 000 000. The Bank has got the following long-term credit ratings: Standard & Poor's – BBB+; Moody's – A1; FITCH IBCA– A-. Alpha Bank Group Greece is active on financial markets of Greece, Romania, Serbia, Albania, Bulgaria, FYROM, Cyprus and Jersey as well as in the USA and Great Britain.


Last update: Nov. 06, 2009  Print