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14.08.2009
Credit-Rating: Retaining negative trends in Ukraine’s banking sector
No changes to better shaped main development trends of Ukraine’s banking sector for 2Q2009, specifically outflow of legal entities’ funds, eroded asset quality, and, consequently, rise in number of trouble banks. However, this period has also saw some positive changes: decisions to recapitalize certain banks by the state, which has already been performed in 3Q2009. Another positive aspect was restoring population’s confidence to the sector.
Review of Ukraine’s banking sector in 2Q2009 (russian version)
Credit-Rating is currently maintaining 74 credit ratings assigned to banking institutions and its debt instruments, with 29 of them carrying negative outlooks, 11 remaining on Rating Watch List, 2 bearing positive outlooks, and another 2 having developing outlooks.
Information on all credit ratings assigned in accordance with the National Rating Scale may be found in REUTERS and BLOOMBERG information systems.
For more information, please contact:
Information and analytic
department
Sergey Rozumyak +38044490 25 50
SRozumyak@credit-rating.ua
Denis
Rudenko
DRudenko@credit-rating.ua
