International Ratings
On February 28, 2019 international credit rating agency Fitch Ratings has upgraded the rating of ProCredit Bank Georgia from BB to BB+, and has revised the Bank outlook from positive to stable. ProCredit Bank continues to maintain the best and the highest possible rating in Georgia.
ProCredit Bank ratings:
Long-term foreign and local currency IDRs, Outlook Positive | BB+ | Improved |
|---|---|---|
Short-term foreign and local currency IDRs | B | Affirmed |
Viability Rating | bb- | Unchanged |
Support Rating | 3 | Affirmed |
ProCredit Bank has been cooperating with the rating agency Fitch Ratings since 2004. During the period the Bank’s rating has been improved from CCC+ to BB+.