PrivatBank

Fitch upgrades PrivatBank to ‘B-‘; Outlook Stable

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Fitch Ratings has upgraded the Long-Term Foreign Currency Issuer Default Rating (IDR) of PJSC CB PrivatBank (Privat) to ‘B-‘ from ‘RD’ (Restricted Default). The Outlook on the Long-Term IDR is Stable. Fitch said in a press release that the Long-Term Local Currency IDR was upgraded to ‘B-‘ from ‘CCC’. The Outlook is Stable. The Local … Read more

PrivatBank removes UK eurobond issuers from bank group

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The National Bank of Ukraine (NBU) on October 27, 2017 approved the change in the structure of the PrivatBank bank group (Dnipro), the central bank has reported on its website. According to the report, SIA PrivatLizings (Latvia), Privatofice LLC (Dnipro), UK SPV Credit Finance PLC and Ukraine Mortgage Loan Finance No.1 Plc (both based in … Read more