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Moody’s reviews Bank Finance and Credit (Ukraine) ratings for upgrade

December 28th, 2007

National Scale Rating upgraded to A1.ua and positive outlook assigned to long-term foreign currency deposit rating of B2

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. — www.theasianbanker.com (December 28 2007)–

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