Piraeus Bank received a long-term credit rating uaAA on the national scale by RA Standard-Rating agency
Date of rating assignment: May 27, 2019.
Piraeus Bank received a long-term credit rating uaAA on the national scale according to the results of the evaluation by Standard-Rating.
The rating uaAA shows a high level of creditability compared with other borrowers or debt instruments.
In rating assigning process, the agency used the following indicators: the bank’s shareholders support, regulatory capital, loan portfolio quality, liquidity and profitability.
According to the Standard-Rating RA analysts conclusion, the ability of the bank to fulfill its obligations . to make profit and maintain the profitable activity under current macroeconomic situation is assessed fully positively.
On July 21st, 2022, the National Bank of Ukraine introduced changes on the transactions and operations carried out abroad (outside of the territory of Ukraine) on Hryvnia (UAH) cards and accounts. Those new limitations are only related to operations, carried out abroad from UAH cards and accounts, whilst foreign currency cards and accounts have not been impacted from those restrictions. In detail:
UAH12.500 equivalent in foreign currency per 7 days from the first time of withdrawal. The limit is not calculated cumulatively.
UAH80.000 equivalent per calendar month for transactions at POS terminals (physical presence of card or NFC technology on phone), purchases on the internet secured by full 3DSecure* and recurring payments**.
UAH20.000 equivalent per calendar month for the rest type of online transactions.