S&P Affirmes Alfa-Bank Ratings to B-/Stable/uaBBB-
OREANDA-NEWS. June 25, 2012. The independent international rating agency Standard & Poor's affirmed the Bank’s long-term international counterparty credit rating at “B-” and national scale credit rating at “uaBBB-”, reported the press-centre of Alfa-Bank.
The outlook on the ratings remained “Stable”.
The affirmation of the ratings reflects Standard & Poor's view that parental support from the Alfa Group is a stabilizing factor for the Bank’s creditworthiness.
The outlook is stable, reflecting the agency’s expectation that the Bank will continue its steady development.
Alfa-Bank (Ukraine) is a member of the international consortium Alfa Group and maintains its position among the top ten major banks in Ukraine in total assets according to the National Bank of Ukraine.
Alfa Group Consortium is one of Russia’s largest privately owned financial-industrial conglomerates, with interests in oil and gas, commercial and investment banking, asset management, insurance, retail trade, telecommunications, water supply and water disposal, as well as other industrial-trade and special-situation investments.