Moody’s upgrades the ratings of six Ukrainian banks

Moody's повысило рейтинги шести банков Украины

Moody’s raised the rating of Ukrainian banks

Among them, both public and private banks.

International rating Agency Moody’s Investors Service has upgraded the rating of the state of PrivatBank, Oschadbank and Ukreximbank, as well as private Raiffeisen Bank Aval, Prominvestbank and Pivdenne. This was reported on the Agency’s website.

So, the rating of PrivatBank, Oschadbank and Ukreximbank upgraded to Caa2 with a positive Outlook.

The rating of Raiffeisen Bank Aval – to the level of Caa1 with a positive Outlook, Bank Pivdenny – to Caa3 with positive Outlook Prominvestbank – to Caa2 with a stable Outlook.

Earlier, Moody’s increased the credit rating of Ukraine by one notch to Caa2 from Caa3.

Source