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Moody’s downgrades credit ratings of three banks, concluding review
Journal Staff Report

MOSCOW, June 22 - Moody's Investors Service has downgraded the ratings of three Ukrainian banks - PrivatBank, Savings Bank of Ukraine (Oschadbank) and Ukreximbank, the ratings agency said in a statement.

Today's rating action concludes the review for downgrade initiated by Moody's on May 20, which focused on Ukraine's ability to provide support to its banking system.




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