Ratings of JSC TASCOMBANK is confirmed at uaAAA level
Credit Rating: Ratings of JSC TASCOMBANK is confirmed at uaAAA level
Independent credit rating agency “Credit-Rating” announced the confirmation of the long-term credit rating of JSC TASCOMBANK, as well as credit ratings of issuance of registered interest unsecured bonds of JSC TASCOMBANK (series E, F) for the total amount of UAH 200 million on a level uaAAA The outlook for ratings is stable.
The agency also confirmed the reliability rating of the Bank’s deposits at the level of “5” (highest reliability).
For the procedure for updating credit ratings and the reliability rating of bank deposits, the agency used the financial statements of TASCOMBANK JSC for 2017-2018 as well as internal information provided by the Bank during the rating process.
The borrower or a separate debt instrument with a rating of uaAAA is characterized by highest reliability as compared to other Ukrainian borrowers or debt instruments.
A stable outlook indicates that there are currently no prerequisites for changing the rating over the year.
The rating of reliability of bank deposits (deposits) at the level of “5” (highest reliability) means that the Bank is reliable, minimally sensitive to the adverse economic, financial and economic factors. The probability of problems with timely return of deposits is very low.