Geo

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

BAffirmed

Viability Rating

bb-Unchanged

Support Rating

3Affirmed

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+.