Piraeus Bank's Long-Term Credit Rating updated to uaAA

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Piraeus Bank's Long-Term Credit Rating updated to uaAA

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Piraeus Bank's Long-Term Credit Rating updated to uaAA

30 March 2026

Standard-Rating Rating Agency has updated Piraeus Bank's long-term credit rating to uaAA. This rating reflects the bank's very high creditworthiness compared to other Ukrainian borrowers. The update is based on the 2025 performance results and reporting data for January-February 2026.

Key Performance Highlights:

The bank's profit for 2025 increased 8.97 times and reached UAH 50.14 million.
The customer loan portfolio grew by 57.14% to UAH 2.30 billion.
The non-performing loan (NPL) ratio is only 3.35%, which is 4.15 times lower than the Ukrainian banking system average.
The share of high-quality liquid assets with low credit risk reached 73.87% of total assets.
Capital and liquidity ratios significantly exceed the regulatory requirements set by the NBU.

Piraeus Bank in Ukraine is a member of the international financial Piraeus Group, headquartered in Athens. The uaAA rating confirms the bank's financial resilience and commitment to high stability standards.