Fitch Ratings Affirmed Ratings Pravex-Bank
OREANDA-NEWS. September 23, 2014. Fitch Ratings has affirmed National Long-term Ratings Pravex-Bank at 'AAA(ukr)', that reflects Fitch's view of the availability of support, in case of need, from our shareholders.
On the previous decision from August 26th, 2014 Fitch Ratings has affirmed the 'B-' Long-term local currency IDRs of PJSCCB Pravex-Bank, thereby estimating it above the comparable sovereign ratings. Other ratings were either affirmed or weren’t affected by rating actions at all.
“Affirmation of rating confirms that Pravex-Bank is reliable and stable financial organization for depositors, investors and partners”, — summarized Taras Kyrychenko Chairman of Management Board of Pravex Bank.
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