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«AgroInvest» — News — Fitch downgrades outlooks of six Ukrainian banks

Fitch downgrades outlooks of six Ukrainian banks

2013-07-15 16:47:34

Fitch Ratings has downgraded to "negative" from "stable" the outlooks of six Ukrainian banks, Radio Liberty has reported, citing a press release of the agency.

"Fitch Ratings worsened its forecast for Ukrainian banks UkrSibbank, Ukrsotsbank, VTB Bank, ProCredit Bank, Pravex-Bank and Credit Agricole Bank," reads the statement.

According to the press release, Fitch affirmed the long-term foreign currency Issuer Default Ratings (IDRs) of the banks at 'B.' The rating actions follow the agency's revision on June 28 of the outlooks on Ukraine's long-term foreign and local currency IDRs to Negative from Stable.

 

 

 

Ukrinform