KYIV, Oct 21 - Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of JSC CB PrivatBank, JSC State Savings Bank of Ukraine (Oschadbank), JSC The State Export-Import Bank of Ukraine (Ukreximbank) and Public Joint-Stock Company Joint Stock Bank Ukrgasbank (Ukrgasbank) at 'B' with stable outlooks, the rating agency said on its website.
"Fitch has also affirmed the Viability Ratings (VRs) of all four banks at their current levels," it said.
"The affirmations of the IDRs, Support Ratings and Support Rating Floors of all four state-owned banks reflect Fitch's view of potential support these banks could receive from the government of Ukraine (B/Stable), if needed. The stable outlooks on the IDRs mirror that on the sovereign. The IDRs of PrivatBank are also underpinned by its standalone profile, as reflected in its 'b' VR," it said.
|