Fitch Affirms Ukreximbank Rating
OREANDA-NEWS. July 20, 2012. Fitch Ratings affirmed Ukreximbank’s Long-term Issuer Default Rating (IDR) at ‘B’ with Stable Outlook, reported the press-centre of Ukreximbank.
The agency emphasized on positive Ukrexim rating factors of high systemic importance, policy role and state ownership meaning potential state support, with Stable Outlook reflecting the sovereign's.
According to Fitch, Viability Rating at 'b' is supported by sizable capital buffer, strong pre-impairment profitability and adherent loss absorption capacity as well as comfortable deposit-backed liquidity cushion and solid corporate franchise.
For full article on the rating action please refer to Fitch web-site http://www.fitchratings.com
Ukreximbank current ratings record is available at http://www.eximb.com/eng/ratings/
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