Fitch Ratings international rating agency rated FUIB with “B” rating with stable outlook

Leading international rating agency Fitch Ratings has rated the First Ukrainian International Bank's (FUIB) long-term foreign and national currency issuer default ratings (IDR) as with "B" rating with stable outlook. This is stated in a message on the agency's website

This rating confirms the high level of creditworthiness of the bank and serves as an indicator of its reliability. The bank's rating is limited by the rating of Ukraine, which is "B".

Fitch also assigned FUIB a national long-term rating of "AA- (ukr)", which reflects the bank's relative creditworthiness compared to its Ukrainian counterparts.

Fitch points out that FUIB is the largest private bank with Ukrainian capital. According to the National Bank of Ukraine, as of October 1, 2019, FUIB is ranked 7th among 76 Ukrainian banks by amount of assets.