Fitch affirms PrivatBank's international ratings

28.11.2016 10:54 295

 Fitch Ratings has affirmed PJSC CB PrivatBank's Long-Term Foreign Currency Issuer Default Ratings (IDR) at 'CCC' and Short-Term Foreign Currency IDR at ‘C’, the press service of PrivatBank told Ukrinform.

According to Fitch Ratings, the ratings are confirmed by the bank's respective stable regulatory capital level, asset quality and the gradual stabilization of deposit portfolio. According to Fitch Ratings, PrivatBank recorded a steady inflow of deposits in the first nine months of 2016.

The bank's schedule of external debt repayments appears manageable following a restructuring in 2015.

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