Tashkent, Uzbekistan (UzDaily.com) -- The international rating agency Moody’s Ratings upgraded InFinBank’s credit rating to B1 and changed the outlook from positive to stable.

The increase in the international rating is due to the high quality of assets, level of profitability and stable funding profile. This indicates the sustainable development of the bank.

The results of the InFinBank credit situation study are presented in relation to both national and foreign currencies. The rating was upgraded from B2 to B1.

InFinBank emphasized that the position in the Moody’s rating helps clients assess financial stability and the level of risk when making investment decisions.

InFinBank team will continue to improve services to provide customers with high-quality and reliable financial products, the bank said.