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Fitch upgrades PrivatBank

Fitch повысило рейтинг ПриватБанкаThe 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.

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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) from ‘ BB (ukr) with a stable Outlook.

According to analysts of Fitch, the rating upgrade of PrivatBank reflects the stabilization of the Bank’s creditworthiness, which followed the procedures of nationalization of the Bank and improve its liquidity position.

Earlier, the international rating Agency S&P raised the credit ratings of PrivatBank to CCC+/C. the Forecast on ratings of Bank – “stable”..

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