Fitch Ratings affirmed the ratings of Alfa-Bank Ukraine

News 25 september 2019 - 16:00

On September 24, 2019, rating agency Fitch Ratings affirmed the international scale long-term and short-term ratings of Alfa-Bank Ukraine at B-/B/Stable as well as its viability and support ratings. The viability rating was placed on Rating Watch Positive.

At the same time, Fitch Ratings recalibrated the national scale. As a result, the Bank was assigned an investment grade rating at BBB+(ukr).

The current international scale ratings and support rating reflect Fitch's view that the Bank would likely be supported, in case of need, by its shareholders.

 Fitch Ratings will assess the anticipated positive impact from Ukraine's improving operating environment on the Bank's standalone credit profile and resolve the Rating Watch Positive on the viability rating accordingly.

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