THEBanking, complete digital bank in financial services and payment methods, elected the best PJ account by the iDinheiro portal and the 2nd best bank in Brazil by Forbes, had a rating assigned by theMoody's Local Brazil, credit rating agency.The Moody's, one of the most prestigious agencies in the capital market, assigned to PagBank, therating AAA br, with a stable perspective.The AAA br rating is the highest level on a national scale and the assessment is carried out on the basis of the analysis of the consolidated financial data of the digital bank
According to the analysts responsible for the Moody's report, PagBank's rating reflects its relevant competitive position in the acquisition industry, with a consolidated presence in the long tail (micro businesses, self-employed) and small and medium enterprises (SMEs) and the solid results reported in recent years, with net revenues on the TPV above their peers, and comfortable liquidity management. The report also mentions the work carried out by the company in growing and diversifying its portfolio of products in the banking segment.
The new certification is in addition to the achievement also obtained with the global agency S&P Global Ratings, which in August 2023 assigned to the digital bank themaximum score brAAA. Standard & Poor's and Moody's are benchmarks as global credit rating agencies and their ratings are widely respected by investors
In less than a year, and proving the soundness and reliability of PagBank, Both S&P and Moody's rank our bank with the highest rating on the scale (AAA br). For our 31,4 million customers, is a proof of safety and stability, confirming our sound and committed financial management. Now for the shareholders., This high rating attests to the attractiveness of our shares. AND, for investors, especially the long-term ones, A high score is a sign of a safe and stable investment., with expectations of consistent returns and low risk.”, commemorated by Alexandre Magnani, CEO of PagBank
One of the largest digital banks in the country by number of customers, PagBank offers tools for in-person and online sales, complete digital account for individuals and legal entities, automatic investment and CDBs with a yield of up to 130% of the CDI – with redemption at any time and goal-based investments, in addition to features that contribute to financial management, as Payroll. In PagBank, the credit card has a guaranteed limit and the investments become a limit for the card itself, enhancing client gains, in addition to generating up to 1% cashback on the bill, one of the largest in the market. In PagBank, those who have active and inactive balances in the FGTS can request an advance, in addition to being possible to hire the INSS Consigned loan for retirees and pensioners directly through the PagBank app
