Monday 15 July 2013

Cbonds.Info - Fitch Affirms 7 Ukrainian Banks; Revises Outlooks to Negative on Sovereign Change

"Fitch Ratings has affirmed the Long-term foreign currency Issuer Default Ratings (IDRs) of Ukraine-based Public Joint Stock Company UkrSibbank, Ukrsotsbank (Ukrsots), PJSC VTB Bank (Ukraine) (VTBU), ProCredit Bank (Ukraine), PJSCCB Pravex-Bank (Pravex) and PJSC Credit Agricole Bank's (CAB) at 'B', and revised their Outlooks to Negative from Stable. At the same time, the agency has affirmed the Long-term IDRs of PJSC Alfa-Bank (ABU) at 'B-' with a Stable Outlook. A full list of rating actions is at the end of this rating action commentary."

'via Blog this'

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