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IBI-Rating has determined the rating of bank deposit reliability to "CB" Investbank " PJSC at grade 4 (high reliability)

13.01.2016
IBI-Rating informs on the assignment of the rating of bank deposit reliability to "CB" Investbank " PJSC at grade 4 (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 assigned rating grade is due to high levels of capitalization and liquidity of "CB" Investbank" PJSC. The Bank fulfills its obligations and complies with all the economic ratios of the NBU. The share of the Bank’s highly liquid assets is at a high level. The Bank’s vulnerability to credit risk is increased by the existing dependence on the financial condition of major borrowers, which may put pressure on some financial indicators. The basis of the resource base are amounts due to customers, in particular, those of private individuals, which are more diversified. During the analyzed period, the Bank’s operations were profitable.

IBI-Rating does not see the factors that may lead to raising of the Bank's rating grade in the short term. Downgrading of the rating is possible in the event of worsening of the Bank’s solvency (liquidity); growth of credit risks due to deterioration of servicing of the granted loans and increase of the Bank’s vulnerability to market risks, increased unprofitability and deterioration of the political and economic situation in the country.

In order to carry out the analytical research the materials provided by "CB" Investbank" PJSC were used, including the annual financial statements for 2011-2014 and 9 months of 2015, performance targets for 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