KIEV, Jan. 25 - Fitch Ratings announced it has upgraded Ukraine-based Ukrsotsbank's (Ukrsots) ratings to Long-term foreign currency Issuer Default (IDR) 'BB-' (BB minus) from 'B' and Support '3' from '5'.

A Long-term local currency IDR of 'BB' has been assigned. The Long-term foreign and local currency IDRs are placed on Positive Outlook. The Short-term IDR and Individual rating are affirmed at 'B' and 'D', respectively.