November 1, 2017 the rating committee of RA “Standard-Rating” has decided to update the ratings of JSC “Raiffeisen Bank Aval” (14305909):
Long-term credit rating of JSC “Raiffeisen Bank Aval” 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 Aval» 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 provides the opportunity to prevent the foreseeable risks in a short run.
Rating of deposits of JSC «Raiffeisen Bank Aval» is confirmed at the level ua1 according to the scale of RA «Standard-Rating».
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 9 months of 2017, particular and regular information of the Bank as an issuer of securities.