Moody's withdraws ratings on Kreditprombank

Moody’s Investors Service announced yesterday that it withdrew credit ratings for Ukraine’s Kreditprombank: bank financial strength rating of ‘E+’, long-term global local currency rating of ‘B1’ with negative outlook, long-term global foreign currency rating of ‘B2’ on review for possible downgrade, short-term global local and foreign currency deposit ratings of Not Prime with stable outlook, and national scale rating of Aa3.ua. Moody’s noted that it was unable to analyze these ratings due to a lack of information requested, but not provided by the bank.