The independent rating agency «Credit-Rating» confirmed the long-term credit rating of JSC «BANK AVANGARD» at the highest level of uaAAA. The maximum rating was also confirmed by the bank’s issuance of interest-bearing nominal unsecured bonds. The forecast for all ratings is «stable».
The agency also confirmed the reliability rating of bank deposits of JSC «BANK AVANGARD» at the highest level of «5».
To carry out the procedure for updating credit ratings and the reliability rating of bank deposits, the agency used the financial statements of JSC «BANK AVANGARD» for 2021-2022 and the first half of 2023, as well as internal information provided by the bank during the rating process.
As «Credit-Rating» notes, the bank and bonds with the uaAAA rating are characterized by the highest creditworthiness compared to other Ukrainian borrowers and debt instruments.
A stable forecast indicates that there are currently no prerequisites for a rating change during the year.
The maximum reliability rating of bank deposits means that the bank works reliably, is minimally sensitive to the influence of adverse commercial, financial and economic factors. The probability of problems with the timely return of the deposit is very low.