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26.11.2019

Agroprosperis Bank confirmed its long-term credit rating at investment level according to the January-October 2019 results

On November 22, rating agency Expert-Rating reaffirmed the long-term credit rating of Agroprosperis Bank at investment level uaAA and the rating of deposit reliability at the highest level ua1.

According to the results of the rating agency  Expert Rating during January-October 2019 year:

  • Agroprosperis Bank complied with all liquidity ratios at levels that significantly exceed not only the requirements of the NBU, but also average amounts throughout the banking system.
  • The Bank's profit for the third quarter of 2019 year amounted to UAH 12 million, which is three times more than for the previous quarter, and by the results of the 9 months of 2019 year, Agroprosperis Bank made a profit of UAH 26.9 million, by quarter exceeding the figure for the same period in 2018 year.
  • The quality of Agroprosperis Bank's loan portfolio remains very high, as evidenced by the low share of NPL in the Bank's loans at 0.77% against 50.79% on the average in the banking system of Ukraine.

 

• The Bank's assets exceeded UAH 1 billion and the loan portfolio increased by 75%, which positively affected the dynamics of the Bank's income and profits.

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