FRANKFURT, Oct. 17 - Standard & Poor's Ratings Services has placed its 'B+' long-term and 'B' short-term counterparty credit ratings on Ukraine's Alfa-Bank, Kredobank and Ukrsotsbank on CreditWatch with negative implications.

At the same time, the 'uaA-' Ukraine national scale ratings on Alfa and Kredo were also placed on CreditWatch with negative implications.