International ratings agency Moody’s said on Wednesday that Germany’s target of reducing its dependency on Russian gas to 10% by 2024 will be difficult. “While Germany has already gradually reduced its reliance [on Russian imports] from 60% in 2020 to 35% by mid-April, reaching the 10% target means replacing about …
Read More »S&P, Fitch, and Moody’s withdraw Russia credit ratings
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 »Indian economy to grow by 12% in 2021 as private consumption & non-residential investments pick up – Moody’s
However, the US-based agency has warned that a second wave of Covid-19 infections still poses a major risk to the recovery of Asia’s third-largest economy. According to the outlook, herd immunity against Covid-19 is unlikely to be reached before the end of 2022. “India’s near-term prospects have turned more favorable …
Read More »Moody’s analysts expect the growth of the Ukrainian banking system
The credit status of Ukrainian banks will improve over the next 12 – 18 months, analysts say. International rating Agency Moody’s improved the Outlook for Ukraine’s banking system from stable to positive. The Agency believes that the creditworthiness of banks in the country will improve over the next 12 – …
Read More »Moody’s saw the improvement of the Ukrainian banking system
The level of problem loans in Ukraine will be reduced to 50% by the end of 2018. International rating Agency Moody’s believes that the banking system of Ukraine is almost out of a state of insolvency. This was announced by Director of the banking group of Moody’s Yaroslav Sovgira. Moody’s …
Read More »Moody’s upgraded the ratings of six Ukrainian banks
Among them, three state-owned banks.International rating Agency Moody’s Investors Service has upgraded the rating of the state of PrivatBank, Oschadbank and Ukreximbank, as well as private Raiffeisen Bank Aval, Prominvestbank and Pivdenne. This was reported on the Agency’s website. So, the rating of PrivatBank, Oschadbank and Ukreximbank upgraded to Caa2 …
Read More »Moody’s increased the credit rating of Ukraine
The Agency raised the sovereign rating of the country.Moody’s raised the rating to Caa2 from Caa3 to nine editions of sovereign Eurobonds of Ukraine, was issued in November 2015 as part of the restructuring of the national debt. In addition, the Agency improved the Outlook from stable to positive, according …
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