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The international rating agency Moody's revised outlook on PrivatBank’s ratings from «Stable» to «Positive». According to Moody's publication, the revision of PrivatBank’s outlook has followed the improvement of Ukraine’s sovereign ratings, strengthening of the Ukrainian banking system as well as improvement of PrivatBank’s asset quality and profitability.

Moody’s experts point out that in 2019, PrivatBank demonstrates material improvement in profitability metrics, low reliance on market funding and high level of liquid assets (over 70% of total bank’s assets).

Moody's also affirmed Baseline Credit Assessment of the bank at сaa1, Local Currency Long-Term Bank Deposit Rating (Caa1) and Foreign Currency Long-Term Bank Deposit Rating (Caa2).

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press@privatbank.ua