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Creditwest Bank ratings

THE PREMIER TURKISH BANK
IN UKRAINE

About us

Creditwest Bank ratings

JCR Eurasia Rating

On July 26, 2017 the international rating agency, JCR Eurasia Rating has affirmed the ratings of PJSC “CREDITWEST BANK” at ‘AA-(Ukr)’ on the Long Term National Scale with the upgrade of outlook to ‘Positive’ and at ‘A-1+ (Ukr)’ on the Short Term National Scale, which denote investment grade credit ratings. JCR Eurasia has also affirmed the Bank’s Long-Term International Foreign and Local Currency ratings at ‘BB-’ positioned above the country ceiling.

The detailed rating information is in the table below:

Name of rating

Level

Long Term International Foreign Currency

BB- /(Stable Outlook)

Long Term International Local Currency

BB- /(Stable Outlook)

Long Term National Local Rating

AA-(Ukr) /(Positive Outlook)

Short Term International Foreign Currency

/(Stable Outlook)

Short Term International Local Currency

/(Stable Outlook)

Short Term National Local Rating

A-1+(Ukr)/(Stable Outlook)

Sponsor Support

2

Stand Alone

AB

 

IBI-Rating

On June 16, 2017  the authorized national rating agency IBI-Rating has affirmed the long-term credit rating of PJSC “CREDITWEST BANK” at ‘uaAA’ grade under the National Rating Scale with the upgrade of outlook from ‘Stable’ to ‘Positive’ (the rating is of investment grade).

IBI-Rating has also affirmed Bank Deposit Reliability Rating of PJSC “CREDITWEST BANK” at the level 5 ‘excellent reliability’.

A financial institution with ‘uaAA’ credit rating is characterized by very strong creditworthiness if compared to other Ukrainian institutions.

Outlook ‘Positive’ shows high probability of credit rating upgrade within the year.

Bank Deposit Reliability Rating at the level 5 ‘excellent reliability’ indicates that the  financial institution is reliable, promptly and in full meets its obligations in line with current legislative requirements, including the requirements provided by the National bank of Ukraine, and has a good reputation.

Name of rating

Level

Long-term National Scale l Rating

uaAA

Positive Outlook

Bank Deposit Rating

5 ‘Excellent reliability’

 

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