International Rating Agency Moody's Investors Service upgraded outlook of ratings of financial stability and obligations in the national currency for the state bank Ukreximbank from 'negative' to 'stable'.

As the Moody's press service statement reads, the upgraded rating is related to stabilization of the bank's credit characteristics thanks to a gradual renewal of the Ukrainian economy, support of capital on the part of the government, improvement of the bank's position on the internal market and stabilization of the assets quality in the second half of 2010 simultaneously with a growth of net profit.

In 2010, the Moody's gave ratings to Ukreximbank in financial stability at 'D' level and on obligations in the national currency at 'Ba3' with a negative outlook.

UKRINFORM