Expert Rating Agency Confirmed Credit Rating of Ukrgasbank at uaВВВ +
Expert Rating Agency confirmed credit rating of JSB “Ukrgasbank” and its bonds of C, D and E series at uaВВВ+. This rating proves strong creditworthiness of the financial institution.
The agency based its credit opinion on the bank’s YE2011 results. The analysis of the key indicators of Ukrgasbank reveals positive growth dynamics by all financial ratios and indicators. The agency also noted that JSB “Ukrgasbank” adequately assesses its existing risks and has sufficient provisions to cover potential losses. Government stake in the capital of JSB “Ukrgasbank” serves as an additional guarantee of its stability and solvency.
Please visit Expert rating Agency website www.expert-rating.com for more details.
06.04.2012