OREANDA-NEWS. UniCredit Bank took the 5th place in the rating of bank viability, according to the Forbes magazine. The bank scored 3.45 points out of 4 and was classified to the A rating group that shows high level of bank’s reliability and its ability to overcome potential systemic problems.

Position in the rating of Forbes is another confirmation of the bank’s stability and ability to meet its obligations.

The main criteria of rating compilation were liquidity, loan portfolio quality, owners’ support and risks, systemic importance, capital-to-assets ratio, profitability and payments continuity. For the last three factors UniCredit Bank received the highest scores.

30 most viable financial institutions were rated based on open data and financial statements published on official websites of banks, the AUB and the NBU.

Previously this year, UniCredit Bank entered the rating of the top-10 most reliable banks of Ukraine in 2016 and was named among top-10 most popular banks for individual deposits.

NOTE

UniCredit Bank is one of the largest universal banks in Ukraine, offering a full range of top quality financial services for individuals and corporate clients.

The renovated UniCredit Bank was created in December 2013 through integration of two Ukrainian assets of UniCredit Group, which had been operating in the local market since 1997. The integrated bank combined power, solidity and wide coverage of PJSC "Ukrsotsbank" with the European expertise, quality of service and flexibility of PJSC "UniCredit Bank".

The extensive retail network of UniCredit Bank consists of 237 branches nationwide, its headcount reaching over 5,200 employees, all of them top qualified specialists.