Fitch Confirmed Long-Term Issuer Default Rating UniCredit Bank Ratings
OREANDA-NEWS. On June 16 Fitch Rating international agency confirmed long-term Issuer Default Rating at "CCC" level.
The agency’s official report states that ratings confirmation demonstrates a high probability of foreign shareholders support.
Furthermore, UniCredit Bank was removed from the revision list for possible downgrade.
Fitch also affirmed the rating of UniCredit Bank viability at "сс" level.
UniCredit Bank is one of the largest universal banks in Ukraine, offering a full range of top quality financial services for individuals and corporate clients.
The renovated UniCredit Bank was created in December 2013 through integration of two Ukrainian assets of UniCredit Group, which had been operating in the local market since 1997. The integrated bank combined power, solidity and wide coverage of PJSC "Ukrsotsbank" with the European expertise, quality of service and flexibility of PJSC "UniCredit Bank".
The extensive retail network of UniCredit Bank consists of 239 branches nationwide, its headcount reaching over 5,500 employees, all of them top qualified specialists.
UniCredit is a leading European commercial bank with an international network spanning over 50 markets and 17 countries, with more than 7,900 branches and over 144,000 employees.
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