International rating agency Fitch lifts the rating of Ukrainian state banks ratings to “B”

Friday, October 15, 2021

(interfax). Fitch confirmed Ukreximbank’s resilience rating to “B-“, and the long-term issuer default ratings (IDRs) of the state-owned PrivatBank, Oschadbank, Ukreximbank, and Ukrgasbank at “B” with a positive outlook. As reported by the agency on Wednesday, the stability rating (VR) of Ukreximbank was raised to “b-” from “ccc +”, while Oschadbank and Ukrgasbank were confirmed at “b-“, and PrivatBank – “b”. In addition, Fitch upgraded Ukreximbank’s Eurobond rating from “CCC-” to “CCC”.

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