The globe’s three major credit rating agencies – S&P, Fitch, and Moody’s – withdrew ratings on Russia and Russian entities on Friday in order to comply with Ukraine-related European Union sanctions imposed on the country. The EU prohibited international financial institutions from rating Russia and Russian firms on March 15 …
Read More »Fitch upgrades Russia’s growth outlook, projecting economic activity surge
“The second wave of Covid-19 negatively impacted economic activity at the beginning of the year,” the agency’s analysts said. Fitch expects economic activity to rise in the country from the second half of 2021 due to a partial recovery of investments and the vaccination of citizens. At the same time, …
Read More »Fitch affirms Belarus ‘ b ‘ with a stable Outlook
On 16 may, Minsk /Correspondent. Learned/. Fitch ratings affirmed long and short-term sovereign credit ratings of Belarus on liabilities in foreign and national currency at level b, forecast “stable”. The rating of Eurobonds of Belarus also confirmed at level, BelTA learnt from the Finance Ministry of Belarus. The rating reflects …
Read More »Fitch Ratings predicted the rate of inflation in Ukraine
It became known what to expect of the Ukrainians. The Agency expects inflation to end the year at the level of 13.7%. The inflation rate in Ukraine at the end of the year will be at the level of 13.7%. A corresponding forecast was made by international rating Agency Fitch …
Read More »Fitch upgrades PrivatBank
The Outlook for PrivatBank is stable. International rating Agency Fitch upgraded PrivatBank with RD to the level of B-. This is stated in the message Agency. The rating Outlook is stable. According to Fitch, the viability rating of the Bank upgraded to B-and national long-term rating increased to AA- (ukr) …
Read More »Fitch forecasts a GDP growth of Ukraine for two years
Indicators of the wealth of Ukraine according to international standards remains weak. International rating Agency Fitch forecasts growth of Ukraine’s real GDP in 2017-2018 2-3%. This is stated in the message Agency. According to the report, indicators of wealth of Ukraine according to international standards remain weak, although the economy …
Read More »Fitch called the main problem of Ukraine
According to the authoritative publication, reforming in Ukraine is strong gnashing of teeth. The international Agency warned the Cabinet of braking of reforms. The return of Ukraine to the international bond market improves the situation with the upcoming payments on the national debt. However, official creditors, mainly the international monetary …
Read More »Fitch downgraded its GDP growth forecast for Ukraine
Fitch predicts GDP growth in the current year at 2%.International rating Agency Fitch gave a sad Outlook for the economy of Ukraine has lowered its growth forecast for Ukraine’s GDP in 2017, from 2.5% to 2%. “The GDP growth in Ukraine in 2016 amounted to 2.3%, which exceeded expectations, but …
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