OREANDA-NEWS. April 23, 2010. Rating agency "Credit-rating" assigned a long-term credit rating by national rating scale at level uaBBB- (level of investment class) to the Bank Finance and Credit. The forecast of credit rating is stable.

According to national rating scale, the borrower with rating uaBBB- is characterised by sufficient credit status in comparison with other Ukrainian borrowers. Credit capacity level depends on influence of adverse commercial, financial and economic conditions.

According to the Vice-chairman of the board of Bank Finance and Credit Svetlana Lototska: "We've been cooperating with agency since March, 2010. Rating assignment of investment class is the additional certificate of Bank reliability. In this connection we count on new Clients' attraction. In particular, rating of investment class allows the Bank to increase funds attraction from the insurance companies for which a rating of investment class has defining value".

Information:

The Bank "Finance and Credit" was founded in 1990, and on account of the size of its assets, the Bank belongs to the largest Ukrainian banks, according to the National Bank of Ukraine. Bank Finance and Credit net assets as of 01.04.2010 made up UAH 20, 455 billion, the Bank authorised capital made UAH 2 billion.