On November 19, Agroprosperis Bank received the confirmation of the long-term credit rating at the uaAA investment level according to the national scale and the highest deposit reliability rating at ua1 level.
According to the rating agency "Expert-Rating":
- as of the beginning of November 2020 year, Agroprosperis Bank was very well provided with regulatory and fixed capital and liquidity, as evidenced by the relevant ratios of the Bank, which many times exceeded the limits set by the NBU;
- for the 9 months of 2020, the bank showed good growth rates of assets (+ 49.74%) and loan portfolio (+ 30.17%), while maintaining its quality at a high level - as of early October this year, the share of NPLs in bank’s loan portfolio was 22.8 times less than the market average;
- for 9 months of 2020 year, the bank's financial result amounted to UAH 7.334 million in loss, connected with the increase of the transfers to reserves due to the growth of the loan portfolio, as well as the increase of the investments in the new branches and online tools. At the same time, the bank received a UAH 187,000 profit for 3Q of 2020 and intends to achieve a positive financial result of 2020;
- bank fulfilled its obligations to customers and creditors in accordance with applicable law.
The rating report and the certificate of assignment of a rating can be found on our website in the section Documents and reporting - Ratings.
