Fitch has downgraded Naftogaz, Ukrenergo, and Ferrexpo ratings. Fitch, the international rating agency, lowered the long-term rating of Naftogaz in foreign currency to the level of RD (limited default). The agency said that this happened after the company failed t... #Fitch #FitchRatingsonUkraine #NaftogazUkrenergoFerrexpo
Fitch Ratings downgraded Ukraine’s GDP growth forecast for 2022 to 2.9% from 3.9% in August last year due to the slowdown in real wage growth and private consumption, lower domestic demand amid heightened geopolitical risk, and high gas prices. By 2023, GDP growth is projected to a... #FitchRatingsonUkraine #UkraineRatings
Fitch Ratings revise IDRs of major Ukrainian cities. The international rating agency Fitch Ratings has updated the forecast on the Long-term Issuer Default Ratings (IDRs) of Kyiv, Dnipro, Kharkiv, Lviv, Mariupol, Mykolaiv, and Odesa in foreign and local... #FitchRatings #FitchRatingsonUkraine
International rating agency Fitch Ratings has upgraded its outlook of Ukraine’s four big state banks — Oschadbank, PrivatBank, Ukreximbank and Ukrgasbank — from ‘stable’ to ‘positive.’ The Moscow office of Fitch confirmed at ‘B’ their long-term issuer default ratings in foreign and nation... #FitchRatings #FitchRatingsonUkraine #UkraineRating
