Long-term credit rating B+ and short-term credit rating B of Ipoteka Bank is based on assessment of the business position of the Uzbek bank, stable level of income, enough level of liquidity and quality of assets.

The rating reflects stable market position and growth of the assets of the bank, diversified deposit base in corporate sector, the press service of the Uzbek bank said.

Standard & Poor’s underlined that stable outlook of the bank reflects expectation of the agency that the business and financial figures of the banks will be at sustainable level during the forecasted period.

The Uzbek bank said that the rating assigned to Ipoteka Bank is one of the highest, given by Standard & Poor’s to the Uzbek banks.