OREANDA-NEWS. July 29, 2011. Having examined the current state of affairs at the bank, on July 12, 2011, the agency specialists confirmed the current ratings (B2/NP in deposits, E+ in financial strength) with a stable outlook.

The current rating indicators situation at AS "PrivatBank" has not changed since 2008, which is a great proof of the stability and safety of the bank, reported the press-centre of PrivatBank.

AS "PrivatBank" (AS "PARITATE BANKA" up to 16 August 2007) that was established in 1992, AS "PrivatBank" is now one of the oldest Latvian banks, well known to the business community. The auditor of AS "PrivatBank" – KPMG – is among world leading international audit companies.

One of the main directions of AS "PrivatBank" activity is providing a wide spectrum of services in Latvia, as well as on the markets of CIS and the Baltic States.

AS "PrivatBank" is a multi-purpose, modern and dynamically developing bank, which uses the newest management technologies.

AS "PrivatBank" is a team of young and qualified professionals.

AS "PrivatBank" credo is to react rapidly to the changing market environment, a carefully elaborated strategy, development of information technologies, flexibility and loyalty, which ensures stable growth and consolidation of the Bank's positions. We are always open for dialogue. Confidentiality and individual approach to the needs of the Customers are the key to successful co-operation.

The Bank's policy is to ensure individual approach of managers towards each Customer and to supply all necessary information, while maintaining confidentiality.

AS "PrivatBank" enjoys confidence and respect in the business world. There are large commercial and state banks, big companies, as well as consulting and insurance companies, which do their business both, in Latvia and abroad, among the Bank's partners.