On March 22, 2018, rating agency Expert-Rating reaffirmed the long-term credit rating of Agroprosperis Bank at uaAA level, which characterizes very high creditworthiness, and the rating of deposit reliability at the highest level ua1.
According to the results of the rating agency, in 2017 Agroprosperis Bank showed a marked increase in net income; in particular, the net interest income of the bank increased 1.5 times, and net commission income increased almost 3 times compared to the results for 12 months of 2016. In the third quarter of 2017, Agroprosperis Bank reached profitability and received an annual profit of UAH 6.392 million.
In the opinion of the agency, Agroprosperis Bank during the whole period was provided with liquidity and regulatory capital at levels that significantly exceed not only the requirements of the NBU, but also average amounts throughout the banking system.
In particular, it should be noted that in the Bank's portfolio there were no loans to individuals, and the share of non-working loans to legal entities (NPL) as of February 1, 2018 amounted to an unprecedented 0.02% with the average value of the share of NPL in the banking system at 57.57%. This indicates the very high quality of the loan portfolio of Agroprosperis Bank.