On August 7, 2018, the decision of the rating committee of the rating agency "Standard-Rating" updated the long-term credit rating of PJSC "RVS Bank" (code ЕГРПОУ 39849797) on the national scale at uaAA level.

The bank or a separate debt instrument with a rating of uaAA is characterized by very high creditworthiness compared to other Ukrainian borrowers or debt instruments.
The decision to update the credit rating of PJSC RVS Bank was adopted in accordance with the results of the analysis of the Bank's performance for 2017 and the first half of 2018.

There have been changes in the structure of the Bank's assets for the first three months of 2018:

• The share of loans and debts of the Bank's clients grew from 5.48% to 13.03%, or by 47,937 pp. (C 2790000. Grn up to 75867000. Hryvnias);

• The share of cash and cash equivalents decreased by 4.95 pp in 41.06%.

PJSC "RVS Bank" continues to increase its business volume for the second consecutive quarter, thus increasing its presence in the credit market.

According to the reports of PJSC RVS Bank, the Bank has secured a very high stock of regulatory capital and liquidity standards, continues to increase its business volumes, secured an increase in interest and commission income and the results from operations with foreign currencies, and also demonstrated profit for the first half of 2018. Relevant factors allow the Agency to update the rating of PJSC RVS BANK.

View the decision to upgrade the rating

08 August 2018

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