Rating agency Standard-Rating has confirmed Piraeus Bank’s long-term credit rating on the national scale at the uaAA level. The agency assessed the Bank’s financial performance for the first half of 2026, along with its latest operating and financial indicators. 

The uaAA rating indicates a very high capacity to meet financial obligations in full and on time. 

Key Piraeus Bank indicators for the first half of 2026 include: 

• The Bank’s loan portfolio increased by 30.56% from the beginning of the year and reached UAH 3.00 billion as of 1 July 2026. 
• The non-performing loan (NPL) ratio stood at just 1.42%, compared with an average of 12.45% across the Ukrainian banking sector, according to the National Bank of Ukraine. Piraeus Bank’s NPL ratio was therefore 8.77 times lower than the sector average. 
• 68.07% of the Bank’s assets were held in liquid instruments with low credit risk, including cash and cash equivalents, NBU certificates of deposit, and Ukrainian and U.S. government debt securities. 
• The Bank’s regulatory capital amounted to UAH 537.24 million, 2.69 times the minimum level required by the NBU. The Bank’s liquidity ratios also remained well above the NBU’s minimum regulatory requirements, indicating a solid liquidity buffer to meet current financial obligations. 

The full analysis of Piraeus Bank’s financial performance for the first half of 2026 is available on the Standard-Rating website. 

For clients and partners, these indicators primarily reflect the Bank’s financial resilience and its capacity to meet its obligations. A substantial share of liquid assets provides a strong resource buffer for settlements and day-to-day client servicing, while the low level of non-performing loans reflects the high quality of the loan portfolio and a prudent approach to credit risk management. 

Piraeus Bank in Ukraine is part of the international Piraeus financial group, headquartered in Athens. The Bank’s operations in Ukraine combine the local expertise of its team with the experience, governance practices and support of an international financial group. For clients and partners, this means working with a foreign-owned bank that understands the Ukrainian market while also drawing on the expertise and capabilities of one of Greece’s leading banking groups.