Credit Dnipro Bank's deposit reliability rating confirmed at "5"

09 June 2021
The rating agency IBI-Rating has confirmed the reliability rating of the bank's bank deposits at "5", which means "excellent reliability".
 
According to the agency's report, Bank Credit Dnipro is a reliable financial institution that pays its liabilities on time, is insensitive to the influence of external and internal factors, and has a good reputation. The materials of Bank Dnipro Bank were used for the analytical study, including: financial statements for 2018-2020 and 3 months of 2021, planned performance indicators, other necessary internal information, as well as information from open sources, which the Rating Agency considers reliable. .
 
It will be recalled that the Ukrainian RA IBI-Rating confirmed the credit rating of Credit Dnipro Bank at the level of uaAA with the change of the rating forecast from “in development” to “positive”. The improvement in the forecast is due to the growth of efficiency, liquidity and capitalization, positive dynamics of retail lending and corporate lending, acceptable diversification of the resource base, gradual reduction of non-working assets, intensification of financial markets, reduction of loan portfolio concentration and major borrowing. support from the shareholder of the banking institution.
 
Credit Dnipro Bank is a Ukrainian commercial bank, the beneficiary is Oleksandr Yaroslavsky, a Ukrainian businessman (TOP-10 Forbes Ukraine 2020), owner of the DCH group (www.dch.com.ua), which combines the assets of such sectors of the economy as finance, industry, transport, construction, development, etc. The bank is included in the TOP-20 financial institutions of Ukraine in terms of gross assets and according to the classification of the National Bank of Ukraine is in the group of banks with private capital. As of May 1, 2021, the bank's assets amount to UAH 14,245 million, the authorized capital - UAH 3,587 million. The bank's loan portfolio on May 1, 21 amounted to UAH 3,603 million, the client's portfolio - UAH 9,805 million.

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