MOSCOW, Nov. 10 - Moody's Investors Service has downgraded Ukrprombank's local and foreign currency deposit ratings to Caa3 from Caa2 and the National Scale Rating (NSR) of the bank to Caa3.ua from B3.ua, and placed these ratings on review for a possible further downgrade.

Concurrently, the rating agency has affirmed Not Prime short-term deposit ratings and E Bank Financial Strength Rating (BFSR) of the bank, which now maps to a Caa3 Baseline Credit Assessment. The bank's ratings do not benefit from any systemic support.