International ranking agency Fitch Ratings has reviewed FUIB's rating and affirmed it at CCC-, as the bank's asset quality and profitability remained high.
Other FUIB ratings remain unchanged. Its Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) stands at 'CCC-', and Long-Term Local-Currency (LTLC) IDR at 'CCC', both higher than sovereign ratings.According to Fitch, both IDRs reflect the bank's sufficient liquidity.
FUIB's National Long-Term Rating was affirmed at 'AA-(ukr)', showing the bank's credit profile compared to similar Ukrainian banks.
FUIB demonstrates a steady growth in all indicators. As of 1 July 2024, the bank's liquidity and capital adequacy were substantially higher than required by the National Bank of Ukraine: Foreign-Currency Liquidity Coverage Ratio was 3.9 times the norm, and all-currency LCR was 2.3 times higher than required, with Stable Funding Ratio exceeding the set requirements 1.7 times.
FUIB is Ukraine's largest privately-owned bank that has been consistently operating and developing in Ukraine for 33 years, providing high-quality financial products and services to its customers.
