Fitch upgraded the ratings of seven Ukrainian banks

Fitch повысило рейтинги семи украинских банков

Six of these banks a “stable” Outlook.

International rating Agency Fitch Ratings upgraded long-term ratings in foreign currency of seven Ukrainian banks from CCC to b-. This was reported on the Agency’s website on Tuesday, November 22.

Increased long-term ratings of Alfa Bank, Ukrsotsbank, ProCredit Bank, PRAVEX, credit Agricole Bank, Oschadbank and Ukreximbank.

With regards to the forecast of ratings of these banks, six of them are “stable” Outlook, and for PRAVEX-Bank lowered to “negative”.

Ratings of viability of banks and a subordinated debt rating of the Bank remained at the same level.

According to experts Fitch, the rating actions follow the increase, Fitch long-term rating of Ukraine from CCC to B – with a stable Outlook.

As reported Корреспондент.net19 November, Fitch upgraded the credit ratings of Kyiv and Kharkiv.

Fitch upgrades long-term rating of Ukraine