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Media release

Standard & Poor’s confirms "A" rating and stable outlook for VP Bank

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In its current report dated 27 August 2019, the renowned rating agency Standard & Poor's reaffirmed its "A/Stable/A-1" rating for VP Bank, emphasising its favorable financial profile, very strong capitalization, stable shareholder structure, sound liquidity position and stable client deposit base.

This renewed confirmation of the rating and outlook by S&P Global Ratings underscores the solid and successful business model of VP Bank Group. On 18 May 2018, VP Bank was upgraded from an "A-" rating to "A" for the first time.

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