Agency “Credit-rating” updated deposit safety rating and credit rating of ASTRA BANK

Sep. 29, 2009

Independent rating agency “Credit-Rating” updated long-term credit rating of OJSC ASTRA BANK that is uaBBB+ with forecast “stable” and with rating of bank deposit safety at the highest level “5”.
Credit rating by national scale at the level of uaBBB confirms sufficient creditworthiness of the bank in comparison with other Ukrainian borrowing entities or debt instruments. Rating of bank deposits safety is the dynamic index characterizing capability of the bank to keep financial indices at the acceptable level under terms of complex economic circumstances. For depositors this fact confirms the banking institution’s capability to timely settle bank deposits.

Reference:

ASTRA BANK is a universal bank offering a wide range of financial services. ASTRA BANK is a member of Guarantee Fund of Private Individuals’ Deposits. In accordance with data of Association of Ukrainian banks ASTRA BANK takes the 27th place among banks of Ukraine regarding volume of capital. ASTRA BANK is the member of financial group of Alpha Bank Group Greece operating for more than 130 years that has representatives at the markets of Greece, Romania, Serbia, Albania, Bulgaria, FYROM, Cyprus and Jersey as well as in the USA and Great Britain.