Moody's upgraded InFinBank's credit rating to B1

The Moody's Ratings rating agency has upgraded InFinBank's credit rating in national and foreign currencies from B2 to B1, changing the outlook for these positions to stable. 

Moody's is an international rating agency that assigns credit ratings, conducts research and analyzes risks. The organization is considered as one of the “big three” international rating agencies. 

Moody's noted that the upgrade to B1 was applied due to the bank's stable history and good financial performance — high asset quality and profitability, as well as a stable funding profile. 

Such ratings help clients assess financial stability and the degree of risk when making investment decisions. So, the client can make a more objective and informed decision about the bank's creditworthiness by taking into account the agency's reports. 

Strengthening InFinBank's position in the financial market of Uzbekistan also underlines the stable development of the institution. The new status will have a beneficial effect on relationships with local and international banks too. 

InFinBank will continue to make positive changes, striving to provide customers with high-quality and reliable financial products.