KIEV, July 6 - Moody's Investors Service updated its rating on Kiev-based Khreschatyk Bank's bank financial strength rating (BFSR) to E+, which corresponds to a basic credit assessment of B2, the bank reported.

As the bank said in the press release, Khreschatyk's rating reflects its stable corporate client base and sufficiently developed network.

The bank's local currency and foreign currency deposit ratings, set at B3/NP, are linked with its B3 credit assessment and have a Negative Outlook, as they cannot exceed Ukraine's sovereign rating. The bank's ratings take into consideration its corporate governance and sufficient level of liquidity.