Ratings and awards

Ratings
Awards
Standard Rating

National Long-term Rating

uaАА

National Short-term Credit Rating

uaK1

Deposit Rating

ua.1
Fitch Ratings

National Long-Term Rating

AA (ukr)/Stable

Viability rating

b

Long-term foreign currency IDR

B/Positive

Long-term local currency IDR

B/Positive

Short-term foreign currency IDR

B

Support rating

4

Support rating floor

B
Moody’s (ratings based on public information)

Baseline Credit Assessment

b3

Adjusted Baseline Credit Assessment

b3

LT Bank Deposits (Foreign)

B3/Stable

LT Bank Deposits (Domestic)

B3/Stable

LT Counterparty Risk Assessment

B2(cr)

LT Counterparty Risk Rating (Foreign)

B2

LT Counterparty Risk Rating (Domestic)

B2

History of Ratings by International Agencies

  • August 16, 2021
    Fitch Ratings has revised the Outlooks on five Ukrainian banks to Positive from Stable following Fitch's revision of the Outlook on Ukraine's sovereign rating to Positive from Stable. Fitch notes that the rating decision was made taking into account the resilience of Ukraine's credit fundamentals to the coronavirus shock and the expectation of economic recovery.
    Read more
  • December 10, 2020
    The rating agency Moody's Investors Service ("Moody's") upgraded the long-term foreign currency (FC) deposit rating of PrivatBank to B3 from Caa1. PrivatBank was upgraded within the rating action taken for 18 banks in CIS region which was driven by changes in country ceilings applied to the jurisdictions of the banks following the publication of Moody's updated Country Ceilings Methodology on 7 December 2020. Country ceilings indicate the highest rating level that can generally be assigned to the financially strongest obligations of issuers domiciled in a country. PrivatBank's long-term FC deposit rating is now in line with that of the Government of Ukraine (currently B3 stable).
    Read more
  • June 16, 2020
    The International Rating Agency Moody's upgraded PrivatBank's ratings, including its BCA (Baseline Credit Assessment) to "b3" from "caa1", LT Bank Deposits (Foreign) to "Caa1" from "Caa2" and LT Bank Deposits (Domestic) to "B3" from "Caa1". The outlook on the bank's deposit ratings has been changed to "Stable" from "Positive". According to Moody's, the upgrade of Privatbank's ratings followed the relevant sovereign rating action on Ukraine and reflects the bank's strong profitability metrics driven by recurring revenues, low reliance on market funding and very high level of liquid assets.
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  • April 29, 2020
    Fitch Ratings has revised the Outlooks on seven Ukrainian banks to Stable from Positive following Fitch's revision of the Outlook on Ukraine's sovereign rating to Stable from Positive in light of the anticipated adverse impacts of the COVID-19 pandemic.
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  • December 23, 2019
    Fitch upgrades PrivatBank's VR from "b-" to "b". In September 2019, Fitch placed the Viability ratings (VRs) of 4 state-owned Ukrainian banks on Rating Watch Positive after the upgrade of Ukraine's sovereign ratings. Following the peer review and reassessment, the rating agency affirmed the VRs at current levels, apart from PrivatBank - Privat has been upgraded to "b".
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  • November 27, 2019
    The international rating agency Moody's revised outlook on PrivatBank’s ratings from «Stable» to «Positive». According to Moody's publication, the revision of PrivatBank’s outlook has followed the improvement of Ukraine’s sovereign ratings, strengthening of the Ukrainian banking system as well as improvement of PrivatBank’s asset quality and profitability.
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  • September 24, 2019
    The international rating agency Fitch Ratings informed that the Long-Term Foreign-Currency and Local-Currency Issuer Default Ratings (IDRs) of PrivatBank have been upgraded to “B”, the Outlooks are Positive. According to Fitch, the Support Rating Floor (SRF) of the bank has been accordingly revised to “B”, with the Viability Rating (VR) affirmed at “b-” and placed on Rating Watch Positive.
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  • December 27, 2018
    The international rating agency Moody's has upgraded the Baseline Credit Assessment of PrivatBank from caa3 to caa1 following the recent improvement of Ukraine's sovereign bond rating. The rating agency has also uplifted by one notch the Local Currency Deposit Rating (to Caa1) and the Foreign Currency Deposit Rating (to Caa2) of the bank, outlook on ratings changed from «positive» to «stable».
    Read more
  • October 26, 2018
    The international rating agency FitchRatings upgraded PrivatBank’s National Long-Term Rating to «AA (ukr)» from «АА- (ukr)» and confirmed the bank’s Long-Term Issuer Default Rating (IDR) in foreign and local currencies at «B-», the Outlooks are Stable, the Short-Term IDR in foreign currency at «B» and the viability rating at «b-».
    Read more
  • April 10, 2018
    S&P confirmed credit ratings of “PrivatBank” at “CCC+/C” level with Stable Outlook.
    After that ratings were withdrawn at bank’s request. PrivatBank confirmed ending of cooperation as a part of cost optimisation policy.
  • October 31, 2017
    On October 31, 2017, Fitch Ratings raised the National Long-term Rating of “PrivatBank” to ‘AA-(ukr)’ level with Stable Outlook.
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  • August 30, 2017
    On August 30, 2017, Moody’s raised ratings of “PrivatBank” with Positive outlook following the rise of Ukraine ratings.
    Read more
  • April 26, 2017
    S&P raised credit ratings of “PrivatBank” to “CCC+/C” level with Stable Outlook.
    Read more
  • December 30, 2016
    On December 30, 2016, Standard Rating assigned National Long-term Rating at uaAA level.
    Read more: Standard Rating (as of 30 Dec.2016)
  • November 25, 2016
    On November 25, 2016, Fitch Ratings revised the National Long-term Rating to ‘BB(ukr)’ level, international ratings were affirmed at the current level.
    Read more: press-release Fitch Ratings (as of 25 Nov 2016)
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