August 25, 2021 the rating committee of RA “Standard–Rating” has decided to update the ratings of JSC “Raiffeisen Bank” (14305909):

• Long-term credit rating of JSC “Raiffeisen Bank” is updated at the level uaAAA according to the national scale. The Bank or the separate bond instrument with rating uaAAA is characterized by the highest solvency compared to other Ukrainian borrowers or bond instruments.
• Short–term credit rating of JSC «Raiffeisen Bank» is updated at the level uaK1 according to the national scale. The Bank or the separate bond instrument with rating uaK1 is characterized by a high solvency compared to other Ukrainian borrowers or bond instruments. The financial state of such borrower enables to prevent the foreseeable risks in a short run.
• Rating of deposits of JSC «Raiffeisen Bank» is updated at the level ua1 according to the scale of RA «Standard-Rating».

One should note that the deposit rating of JSC «Raiffeisen Bank» is the highest one according to the scale of RA «Standard-Rating», and the Bank’s long-term and short-term credit ratings are the highest ones according to the national rating scale.

Making decision to update the ratings of JSC «Raiffeisen Bank Aval», the Agency was guided by the analysis results of the Bank’s activity for the first half of 2021 year, particular and regular information of the Bank as an issuer of securities.

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