|31 august 2017Moody’s has upgraded Ukreximbank ratings and changed the outlook to positive
Ukreximbank long-term local currency (LC) deposit and foreign currency (FC) senior unsecured debt ratings have been upgraded to Caa2 with a positive outlook from Caa3 (stable outlook), the bank's FC deposit rating upgraded to Caa3 with a positive outlook from Ca (stable outlook), FC subordinated debt rating to Caa3 from Ca and the bank's BCA to caa2 from caa3.
According to Moody’s, the rating actions were driven by an improved operating environment as well as by better financial fundamentals. They reflect, among other, strengthened profitability and capital position of Ukreximbank and the bank's adequate liquidity position.
Ukreximbank current credit ratings are available at https://www.eximb.com/eng/ratings/