OREANDA-NEWS. September 27, 2011. The Credit Rating agency upheld the uaBBB long-term rating (investment class level) of Finance and Credit Bank according to the national rating scale. The outlook on the rating is stable.

The Bank's rating was previously revised in March 2011. According to the national rating scale, an obligor or a debt liability with uaBBB credit rating is characterised with the sufficient creditworthiness as compared to other Ukrainian obligors or debt liabilities. This level of creditworthiness is affected by adverse changes in commercial, financial and economic conditions.

According to Vice Chairman of the Finance and Credit Bank Board Svetlana Lototskaya, "The confirmation of our investment class credit rating under conditions of unstable market environment indicates the the Bank's resistance to adverse developments in the financial markets".
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Bank Finance and Credit was established in 1990 and is one of the largest banks in Ukraine by the volume of assets according to the NBU classification. As of September 1, 2011, the net assets of Finance and Credit Bank amounted to UAH 21.839 billion, the authorized capital of the Bank made up UAH 2 billion.