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Credit-Rating rates First Ukrainian International Bank CJSC at uaBBB06.07.2009 Credit-Rating, a nationally recognized credit rating agency in Ukraine has today announced that it assigned a long-term credit rating of uaBBB to Donetsk-based First Ukrainian International Bank CJSC (`bank`). The outlook on the rating is stable. Credit-Rating has also assigned to the bank its bank deposit rating of `4` (high strength). In the course of analysis Credit-Rating considered bank`s financial statements for 2004-2009 and its other inside information. An obligor or a debt liability with uaBBB credit rating is characterized with the SUFFICIENT creditworthiness as compared to other Ukrainian obligors or debt liabilities. This level of creditworthiness is affected by adverse changes in commercial, financial and economic conditions. The bank deposit rating of `4` (high strength) indicates that the bank is sufficiently reliable, yet being more vulnerable to impact of adverse commercial, financial and economic factors than banks bearing rating `5`. The probability of bank`s failure to return deposits is low. Stable outlook indicates that there are no anticipated reasons to change the rating in the course of the year. Factors maintaining the credit rating
Factors constraining the credit rating
Information on all credit ratings assigned in accordance with the National Rating Scale may be found in REUTERS and BLOOMBERG information systems. For more information, please contact: |
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