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IBI-Rating has affirmed the rating of bank deposit reliability of «CB «Investbank» PJSC at 4 grade (high reliability)

05.04.2016
Rating agency IBI-Rating informs on the affirmation of the rating of bank deposit reliability of «CB «Investbank» PJSC at 4 grade (high reliability). Rating of bank deposit reliability at grade 4 indicates that the financial institution is reliable, pays its obligations timely within the requirements established by the current legislation of Ukraine, including those of the National Bank of Ukraine.

The problems with a timely return of deposits are unlikely to arise, although there is a certain dependence of the financial institution on the impact of external and internal factors. The impact assessment of external factors does not apply to the situations involving force majeure circumstances. The affirmation of the rating grade is due to high indicators of capitalization and liquidity of «CB «Investbank» PJSC . The Bank complies with all the economic ratios of the NBU.

The share of highly liquid assets of the Bank is at a high level allowing «CB «Investbank» PJSC to meet its obligations to creditors in a timely manner and in full volume. However, the existing dependencies, of both the Bank’s resource base on its major creditors and the Bank’s customer loan portfolio on the financial condition of its major borrowers increase vulnerability of «CB «Investbank» PJSC to certain financial risks and may thus put pressure on the liquidity and capitalization of the Bank. Between January and February 2016 the Bank's activity was profitable, but its performance indicators are at an acceptable level.

IBI-Rating currently sees no factors that may lead to upgrading of the Bank’s rating in the short term. Downgrading of the rating is possible in the event of deterioration of the Bank’s solvency (liquidity); increased credit risk due to deterioration of servicing of the granted loans, increased vulnerability of the Bank to market risks, increased losses, as well as deterioration of the political and economic situation in the country.

In order to carry out the analytical research the materials obtained from «CB «Investbank» PJSC were used, including: annual financial statements for 2013-2015 and January-February of 2016, other necessary internal information, as well as the information from the public sources, which the Rating agency considers reliable.

Finance department
For more information please contact:
Press service of IBI-Rating
(044) 362-90-84
press(at)ibi.com.ua