KIEV, July 26 - Fitch Ratings has affirmed the Long-Term Foreign Currency Issuer Default Ratings (IDRs) of JSC State Export-Import Bank of Ukraine (Ukreximbank) and JSC State Savings Bank of Ukraine (Oschadbank) at 'B-' with Stable Outlooks, Fitch said in a press release issued on July 26.
Fitch has also upgraded both banks' Viability Ratings (VRs) to 'b-'from 'ccc'. The upgrade of the banks' VRs means that their IDRs are now underpinned by their standalone strength.
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