Press releases :: Events :: Credit-Rating

12.03.2010: Credit-Rating upgrades FINANCIAL INITIATIVE Bank to uaBB+; Credit-Rating, a nationally recognized credit rating agency in Ukraine has today announced that it upgraded to uaBB+ (uaBB plus) from uaBB the long-term credit rating assigned to Kiev-based FINANCIAL INITIATIVE Commercial Bank LLC (‘bank’). Credit-Rating has also upgraded to uaBB+ (uaBB plus) from uaBB the long-term credit rating assigned to bank’s coupon bonds (series A and B) issued for the amount of UAH50m and UAH250 respectively to the series stated, with 5-year original maturity...

09.03.2010: Credit-Rating downgrades Sumykhimprom OJSC’s bonds to uaB; Credit-Rating, a nationally recognized credit rating agency in Ukraine has today announced that it downgraded to uaB from uaBB the long-term credit rating assigned to registered coupon bonds (series A, B) issued by Sumy-based Sumykhimprom OJSC (‘issuer’ or ‘company’)...

04.03.2010: Credit-Rating revises a number of its bank deposit ratings; Credit-Rating, a nationally recognized credit rating agency in Ukraine has today announced that it revised a number of bank deposit ratings (‘BDR’) previously assigned to Ukrainian banks. Basing on the current data, which reflect performance of the banks, Credit-Rating has affirmed bank deposit ratings at their current levels...

01.03.2010: Credit-Rating downgrades Petrocommerce-Ukraine Bank to uaBBB; Credit-Rating, a nationally recognized credit rating agency in Ukraine has today announced that it downgraded to uaBBB from uaA- (uaA minus) the long-term credit rating assigned to Kiev-based Petrocommerce-Ukraine Bank PJSC (‘bank’). The outlook on the rating is negative...

26.02.2010: January saw 3 defaults of speculative-grade bond issues; Credit-Rating, a nationally recognized credit rating agency in Ukraine has today published statistics on redemption of bond issues in January 2010 rated by the agency. According to the prospectuses of the issues, 9 outstanding bond issues for UAH179.1m matured in January, with 97% of this amount accounting for 8 issues of housing bonds and 3% for 1 issue of interest-bearing bonds...

09.02.2010: Credit-Rating to joint the European Association of Credit Rating Agencies; Credit-Rating has announced that it intends to be a member of the European Association of Credit Rating Agencies (EACRA). The key aim of the entry is to transfer European control principles for rating agencies to Ukrainian financial market. EACRA was established in 2009 (the headquarters is located in Paris (France)) to promote the interest of European rating agencies, to provide the increase of their shares in national markets of rating services and decrease in dependency of European financial markets on the leading international agencies (Standard & Poor’s, Moody’s и Fitch)...

27.01.2010: Credit-Rating rates INDUSTRIALBANK JSCB at uaBBB; Credit-Rating, a nationally recognized credit rating agency in Ukraine, has today announced that it assigned a long-term credit rating of uaBBB to the Zaporozhye-based INDUSTRIALBANK JSCB (‘Bank’) with stable outlook. In the course of analysis Credit-Rating considered bank’s financial statements for 2005-2009 and its other inside information...

26.01.2010: Credit-Rating assigns credit ratings to Investment and Construction Group, LLC; Credit-Rating, a nationally recognized credit rating agency in Ukraine, has today announced that it assigned a long-term credit rating of uaCCC to the Kiev-based Investment and Construction Group LLC. Besides, the agency assigned a long-term credit rating of uaB- (uaB minus) to the registered housing bonds (series B, C) to be issued by the Kiev-based Investment and Construction Group LLC (‘issuer’ or ‘company’)...

25.01.2010: Credit-Rating suspends a rating of Artem-Bank LLC; Credit-Rating, a nationally recognized credit rating agency in Ukraine, has today announced that it has suspended the long-term credit rating, assigned to the Kiev-based Artem-Bank LLC (‘Bank’), due to unavailability of the information on the bank. The suspension of the rating is a preliminary stage prior to rating’s withdrawal...