Fitch Raises Ratings For UkrEximBank

The Fitch Ratings Service announced yesterday that had raised UkrEximBank’s individual rating from D/E to D. Additionally Fitch confirmed UkrExim’s foreign currency rating  of BB-, short-term foreign currency rating of B and national long-term rating of AAA (ukr). According to a statement by Fitch, the agency decided to raise UkrEximbank’s individual rating due to growth of the bank’s profitability and liquidity.