on 12 February 2020, a leading international rating Agency Fitch Ratings affirms ratings of PRAVEX Bank, including long-term default rating in foreign currency at level "B" long-term Issuer default rating in national currency at "b+" with a positive Outlook and support rating at 4.
Confirmation of 'positive' long-term Issuer default rating in foreign currency for PRAVEX Bank is a Testament to sustainable development, stable functioning of the Bank, the availability of sufficient liquidity and robust Bank support with foreign shareholder, which is an international banking group Intesa Sanpaolo.
Pro Fitch Ratings
Fitch Ratings is one of the three leading rating agencies. Included in the group of companies Fitch Group. The Agency evaluates the credit rating of borrowers in more than 150 countries, according to a standardized scale, carries out research and analysis on commercial and government organizations.
read More on the rating assigned to the Bank by international rating Agency FitchRatings: https://www.pravex.com.ua/o-banke/pro-nas/rejtingi-ta-zvitnist
PRAVEX BANK is Intesa Sanpaolo (Intesa Sanpaolo)leading Bank groups in the Euro area, which is the leader in Italy in all business areas (retail, corporate and management assets) and is present worldwide.
PRAVEX BANK operates on the market since 1992 and serves Ukrainian clients for 27 years. The Bank provides a full range of banking services retail, corporate and institutional clients.
Intesa Sanpaolo provides services to 11.8 million customers through a network of over 3,800 branches in Italy with a market share of below 12% in most Italian regions. The group has a strategic international presence, which has about 1 000 offices and 7.2 million customers including affiliated companies that operate in commercial banking in 12 countries in Central Eastern Europe and the Middle East and North Africa, and international network professionals to support corporate customers in 25 countries in particular in the middle East and North Africa and in those areas where the active Italian company.