Most reliable deposits are at Raiffeisen Bank Aval again
The rating agency “Standard Rating” (Ukraine) has summarized the results of its thirtieth «Rating of reliability (attractiveness) of bank deposits». Raiffeisen Bank Aval has again topped the rating, what confirms the reliability of saving and augmentation of costs of our clients.
“For the first six months of 2020, the bank has generated a net profit of UAH 2.067 billion. As at 1 July 2020, an NPL share in the bank’s credit portfolio amounted to just 7.33%, what is several times less than the average market NPL level in credit portfolios of banks”, the agency comments on the Raif performance.
The given rating is based on the results of the activity of Ukrainian banks for H1 2020. 56 Ukrainian banks have participated in the Standard Rating’s quarterly ranking.
Raiffeisen Bank Aval is still one of the leaders at the Ukrainian market in terms of deposits of private individuals. The bank offers deposits in hryvnia, US dollars and euro on demand or for the period of 1, 2, 3, 6 and 12 months with a convenient interest payment (in the end of a deposit period or on a monthly basis with a possibility of interest capitalization), as well as a possibility of deposit replenishment (by cash or by bank transfer via the Raiffeisen Online internet banking system, through ATMs or by a standing order for replenishment of a deposit) and with a number of other benefits. The term deposit rates are unchanged for the entire validity period.