Octobank Receives “uzA+” Credit Rating from Ahbor-Reyting Agency
The Ahbor-Reyting agency has assigned Octobank a credit rating of “uzA+” with a “Stable” outlook based on its 2024 performance assessment.
What this means. The “uzA+” rating indicates a very high level of creditworthiness. This means that Octobank is characterized by an extremely low level of credit risk and has strong potential to fully and promptly meet its obligations to creditors, depositors, and investors.
How the rating is determined. The assessment is based on an analysis of the bank’s financial condition, its ability to meet debt obligations, operational stability, liquidity levels, and asset quality.
Customer trust is our goal. Octobank is building a robust operational framework, expanding its market presence, and focusing on user-friendly digital services. A high rating provides additional confidence to our clients, partners, and investors.
The “uzA” rating assigned to Octobank in 2023 confirmed the bank’s reliability and stability. The upgrade to “uzA+” for 2024 highlights not only the preservation of these strengths but also significant progress in development and the growth of the bank’s key financial indicators.
