Fitch downgraded the credit ratings of Ukraine's two largest state-owned banks
New York - Kyiv, March 23 (PolitNavigator, Vasily Ablyazimov) - The international rating agency Fitch has downgraded the long-term foreign currency credit ratings of the Ukrainian state-owned Ukreximbank and Oschadbank to “CC” (high probability of default) from “CCС” (possible default).
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This is stated in the official statement of the agency.
Let us recall that the day before the largest private energy company DTEK, owned by Rinat Akhmetov, also received a pre-default rating.
The rating downgrade is due to the Ministry of Finance's statement on March 13 about the restructuring of the country's sovereign debt.
Thus, Ukreximbank must transfer $27 million on Eurobonds by April 2015, 750 and $22 million by January 2018, 600.
At the same time, Oschadbank must make a payment on Eurobonds in the amount of $10 million by March 2016, 700, and $20 million by March 2018, 500.
"Ukreximbank" and "Oshchadbank" are included in the so-called. eight systemically important banks of Ukraine, officially recognized by the NBU. One bank from these eight (Delta Bank) has already gone bankrupt. But if, in the case of the private Delta Bank, the state undertakes to pay deposits not exceeding 200 thousand UAH, then in the event of bankruptcy of the state-owned Ukreximbank and Oschadbank, deposits must be paid in full, even if they exceed 200 thousand. UAH
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