Fitch affirms credit rating of ProCredit Bank BiH

For ProCredit Bank BiH, this is another positive trend that justifies the trust of shareholders in the company's mission and affiliation. It is important to note that our parent company, ProCredit Holding, was affirmed with a credit rating „BBB“. Otherwise, this assessment points to the fact that the risk of the impossibility of fulfilling financial obligations is low or is at an extremely low level. The capacity to meet financial obligations is adequate.

 

Fitch Group is a leader in operating and processing financial information with a presence network in 30 countries. The group is comprised of Fitch Ratings (a world leader in credit score research and creation), Fitch Solutions (a company key to promoting the credit information marketplace, analytical tools and potential risks) and Fitch Learning (a company dedicated to language and professional development). More about Fitch rating agency here.

For ProCredit Bank BiH, this is another positive trend that justifies the trust of shareholders in the company's mission and affiliation. It is important to note that our parent company, ProCredit Holding, was affirmed with a credit rating „BBB“. This also points out Stable Outlook and Viability Rating (VR) at „bb“. In addition to the parent company ProCredit Holding, its rating was also maintained by its five subsidiaries: Albania (ProCredit Bank Sh.a., PCBA), Bosnia and Herzegovina (ProCredit Bank dd Sarajevo, PCBBiH), Kosovo (ProCredit Bank SH.A., PCBK), Northern Macedonia (ProCredit AD Skopje, PCBNM) and Serbia (ProCredit Bank ad Belgrade, PCBS). Otherwise, this assessment points to the fact that the risk of impossibility of fulfilling financial obligations is low or is at an extremely low level. The capacity to meet financial obligations is adequate.