OREANDA-NEWS. Fitch Ratings has today affirmed Ukraine-based Vseukrainsky Aktsionerny Bank's ("VAB") ratings at Issuer Default "B-" (B minus), Short-term "B", Support "5", Individual "D/E" and National Long-term "BBB-(BBB minus)(ukr)". The Outlooks on the Issuer Default and National Long-term ratings are Stable.

The ratings of VAB reflect its small size by international standards, the risks associated with its rapid loan book growth, its still high, albeit declining, business concentrations and high liquidity risk exposure.

The ratings also acknowledge the bank's currently good asset quality and experienced management team.