AKB Industrialbank : INDUSTRIALBANK improved its positions in TOP-30 of strong Ukrainian banks

30.11.2016

'Minfin' portal published Ukrainian banks financial strength rating at the end of quarter III of the year 2016.

Minfin's financial strength rating covers only banks that accepted deposits from population for not less than UAH 1 bln. INDUSTRIALBANK was rated as 28.

In quarter III deposit interest rates of INDUSTRIALBANK were reduced, but outflow of time deposits did not occur. The Bank not only maintained, but rather improved its position in TOP-30 of the most reliable banks in the country.

'Decline in profit making capacity of the deposits is one of the trends of this year. But consumers' financial literacy is growing, the customers become more thoughtful, they do not seek high profit, but chose reliable and steady banks. This is evidenced by our position in rating. We are interested to establish long-term relations with our customers, we fully perform all obligations assumed and we appreciate client confidence', - Mr. Mykhailo Bukrieiev, Chairman of the Board of JSCB 'INDUSTRIALBANK', said.

In quarter ²²², Minfin introduced new estimation procedure to increase objectivity, and currently it outsources independent experts. At that point they are specialists of rating agencies: 'Riurik', IBI-Rating, 'Expert-Rating' and investment company Dragon Capital.

Detailed information about deposits in INDUSTRIALBANK is postedhere.

Full rating is published inMinfinportal.

Reference:JSCB 'INDUSTRIALBANK' (Zaporizhzhia) was established in 1990. It is a universal bank offering a wide range of services to companies, entrepreneurs and individuals. Financial reliability of the bank is confirmed by rating agency 'Credit-Rating' as uaA-, outlook 'Stable'.