Business Services Industry
UKRAINE: MOODY'S REVIEWS BANK FINANCE AND CREDIT RATINGS FOR UPGRADE.
IPR Strategic Business Information Database, December, 2007
Moody's Investors Service has today upgraded the long-term national scale rating (NSR) of Bank Finance and Credit to A1.ua from A2.ua. At the same time, Moody's has placed on review for possible upgrade the Ukrainian bank's B2 local currency deposit and foreign currency debt ratings and assigned positive outlook to foreign currency deposit rating of B2.
Moreover, Moody's has affirmed the bank's E bank financial strength rating (BFSR) and the Not-Prime short-term deposit rating. The outlook on the BFSR is stable. According to Moody's, these rating actions reflect Bank Finance and Credit's (i) strong position in the dynamically developing Ukrainian market, in which the bank is ranked as one of the top 10 leading banks; (ii) the bank's rapidly growing...
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