On December 07, 2022, the RA Expert Rating Committee decided to update the credit rating of JSC EUROPEAN INDUSTRIAL BANK (EDRPOU code 36061927) 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 banks (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 Banks financial statements for the nine months of 2022 year, as well as by particular forms of the Banks statistical reports for the 2021 year and January-October, 2022.

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