Credit-Rating Updated Rating of Deposits Reliability of Ukrainian Bank
OREANDA-NEWS. February 19, 2010. Rating agency "Credit-Rating" has updated the reliability rating of deposits, attributed earlier to 75 Ukrainian banks.
In particular, as was informed in LIGABusinessInform, reliability rating of bank's deposits was confirmed at the former level, also additionally were attributed reliability ratings of bank's deposits to two banks at a level of "3".
Thus, the majority of banks (25) currently demonstrate the medium reliability of banks' deposits with the rating "3". The rating "5" (highest reliability) have 7 banks, number of banks with rating "4" (high reliability) was 15. The reliability of banks' deposits of 6 banks are at a level below the medium – "2" (moderate reliability).
As of today the info about its ratings have disclosed 18 banks.
Rating of deposits reliability*
N - Name of the bank - Rating**
1. "Astra Bank" - 5
2. "Bank of Cyprus" - 5
3. "Sea transport bank" - 5
4. "Piraeus Bank" - 5
5. "Svedbank" - 5
6. "Universal Bank" - 5
7. "Erste Bank" 5
8. Bank "Petrocommerz-Ukraine" - 4
9. "BG Bank" - 4
10. "BTA Bank" - 4
11. Bank "Khreschatik" - 4
12. Bank "Lvov" - 4
13. "MEGABANK" - 4
14. Bank "Pivdenniy" - 4
15. "Home credit Bank" - 4
16. "Energobank" - 4
17. "PUMB" - 4
18. "Ukrgasbank" - suspended
*as for the data of the agency "Credit-Rating"
** meaning of the level of rating of bank's deposit:
5 - highest reliability
4 - high reliability
3 - medium reliability
2 - moderate reliability
1 - low reliability
Rating of bank's deposit reliability characterizes the independent opinion of the company Credit-Rating" about the bank's ability timely and in full meet the obligations of return of bank deposit during the nearest 12 months.
While attributing the rating the agency uses its own system of criteria, such as:
- bank's liquidity;
- structure, concentration and stability of resources base;
- diversification and quality of assets;
- performance efficiency;
- level of susceptibility of the bank to unfavorable economic and political factors;
- support and attraction of resources.
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