PRAVEX BANK'S uaAAA National Scale Rating Affirmed

18.05.2026

The Standard Rating agency has updated the long-term credit rating of PRAVEX BANK on the national scale at the uaAAA level. This indicates the highest level of creditworthiness compared to other Ukrainian borrowers or debt instruments.

The agency's decision to update the credit rating was based on an analysis of the Bank's performance in the first quarter of 2026, as well as statistical reporting data for January–April 2026.

For the period from January 1, 2026, to April 1, 2026, PRAVEX BANK recorded:

  • Cash and cash equivalents increased by 5.21%.

  • Equity showed a growth of 3.19%.

Throughout the analyzed period and as of early May 2026, PRAVEX BANK was very well-equipped with liquidity, as evidenced by the high values of the Bank's relevant ratios (NSFR, LCRall, and LCRfc), which significantly exceeded the limits set by the NBU.

The Bank's key income items for Q1 2026 showed positive dynamics compared to the same period in 2025:

  • Net interest income grew by 26.24%.

  • Net fee and commission income increased by 23.12%.

These factors, combined with the proven high level of external support from the Bank's sole shareholder — the international banking group Intesa Sanpaolo Group — allowed the Agency to reaffirm PRAVEX BANK’s credit rating at such a high level. The strong external support, along with the Bank's solvency and liquidity reserves, enable it to confidently navigate periods of heightened systemic risk during martial law.

Read more about the "Standard Rating" conclusion here.

print To print a page