Cookies settings
We use the necessary cookies for the operation of our site. We would also like to set additional cookies to help us improve our site. Read more about cookies in our Notification of Cookie Processing.
International rating agency Fitch Ratings affirmed the Long-Term Issuer Default Ratings of JSC CB Privatbank at 'B' with Stable Outlooks. According to the agency’s publication, Fitch has also affirmed the Viability Rating of the bank at its current level 'b'. The affirmation of the National Ratings at 'AA(ukr)' with Stable Outlook reflects PrivatBank’s unchanged creditworthiness relative to that of peers within Ukraine.
In Fitch’s view, the affirmation of PrivatBank’s ratings reflects reasonable quality of its retail loan book originated after nationalisation, as captured by a low 4% impaired loans generation rate in the credit cards portfolio. And PrivatBank’s strong return on average equity is supported by its high-margin retail lending business, strong fee income and manageable loan impairment charges.
Head office address:
1d Hrushevskoho Str., Kyiv, 01001, Ukraine,
press@privatbank.ua