Piraeus Bank has been assigned the highest deposit rating by Credit-Rating Agency

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Piraeus Bank has been assigned the highest deposit rating by Credit-Rating Agency

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Piraeus Bank has been assigned the highest deposit rating by Credit-Rating Agency

28 August 2015

According to Credit-Rating Agency, the rankings of 15 banks have been confirmed on the same level. Piraeus Bank are assessed "5" (highest reliability), that shows the bank's capacity to make payments on actual deposits timely and in full.

Founded in 2001 Credit-Rating is the first rating agency in Ukraine committed to assessment of issuer's solvency and to assignment of credit ratings pursuant to the National rating scale. Since 2003 the agency's rating estimations have been officially recognized by Ministry of Finance of Ukraine. Since 2004 Credit-Rating has been an authorized agency of State Commission for Securities and Stock Market for assigning ratings to economic entities, to industries and municipalities. In 2010 the agency became a member-founder of European Association of Credit Rating Agencies (EACRA).

Piraeus Bank in Ukraine (the official name - Public joint stock company "Piraeus Bank ICB") is a part of the international banking group Piraeus Bank Group. Headquartered in Athens, Greece, with more than 22th employees in offices in 10 countries around the world, Piraeus Bank Group offers a full range of financial products and services to approximately 6mn customers. Total assets of the Group amounted to €89 bn, net loans to €56 bn and customer deposits to €47 bn on March 31, 2015.
In 2010, Piraeus Bank entered the Top10 of Banks that are trusted by investors according to the rating made by the Banker magazine.

Piraeus Bank is a participant of the Fund of Guaranteeing the Deposits of Individuals.

Piraeus Bank has been assigned the highest deposit rating by Credit-Rating Agency

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