KIEV, Dec. 16 – Moody's Investors Service has changed the outlook to negative from stable on the B3 long-term foreign currency deposit ratings of 13 Ukrainian banks. The outlook on three Ukrainian banks' outstanding foreign currency debt ratings of B1 has also been changed to negative from stable.

These rating actions have been prompted by the recent change in outlook on Ukraine's sovereign ceilings to negative from stable. These ceilings act as a constraint for the foreign currency deposit and debt ratings assigned to banks. The long-term foreign currency and debt and deposit ratings of other rated Ukrainian banks, whose ratings were not constrained by the country ceilings, were not affected by this rating action.