On November 11, 2021, the RA Expert Rating Committee decided to update the credit rating of JSC IBAX BANK  (EDRPOU code 21570492) at the uaAA level on a national scale. A bank (borrower) or a single debt instrument with a uaAA rating is characterized by very high creditworthiness compared to other Ukrainian borrowers or debt instruments. In deciding to update the credit rating on a national scale, the Agency was guided by the results of the analysis of the Bank's financial and statistical reporting for the nine months of 2021, as well as certain forms of statistical reporting of the Bank for January-October 2021.

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