The long-term credit rating of JSC ‘COMINBANK’ has been upgraded at uaAAA according to the national scale

According to the decision of the Rating Committee of the Rating Agency ‘Standard-Rating’, the long-term credit rating of JSC ‘COMINBANK’ on the national scale was updated at uaAAA.

The decision was made in accordance with the results of the analysis of the Bank's performance results for 9 months of 2024, as well as the Bank's statistical reporting data for January-October 2024.

In particular, for the period from 01.01.2024 to 01.10.2024, the equity of JSC ‘COMINBANK’ showed an increase of 25.96%. The increase in equity was due to a significant increase in the volume (up to UAH 167.796 million), which is the result of the Bank's profitable activity, according to the experts of RA Standard Rating.

It should be reminded that a bank or a separate debt instrument with uaAAA rating is characterised by the highest creditworthiness compared to other Ukrainian borrowers or debt instruments.