February 24, 2015 the rating committee of RA “Standard-Rating” has decided to update the ratings of PJSC “Bank “Kontrakt” (19361746):

• Long-term credit rating of PJSC «Bank «Kontrakt» is updated at the level uaBBB+ according to the national scale. The Bank with a long-term credit rating uaBBB+ is characterized by a sufficient solvency compared to other Ukrainian banks. The level of solvency depends on the impact of adverse commercial, financial and economic conditions.
• Short-term credit rating of PJSC «Bank «Kontrakt» is updated at the level uaK3+ according to the national scale. The Bank or the separate bond instrument with rating uaK3+ is characterized by a sufficient solvency compared to other Ukrainian banks. The Bank is able to prevent the foreseen risks in the short term.
• Rating of deposits of PJSC «Bank «Kontrakt» is confirmed at the level ua.3+ according to the scale of RA «Standard-Rating».

Making decision to update the ratings of PJSC «Bank «Kontrakt», the Agency was guided by the analysis results of the Bank’s activity for the 2014.

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