Fitch downgraded the rating of nationalized Privatbank
The international rating agency Fitch placed the long-term credit ratings in foreign and national currencies of Privatbank on the Rating Watch “developing” list, and also lowered the sustainability rating to “F” from “CCC”. Subscribe to PolitNavigator news on Telegram, Facebook, Odnoklassniki or Vkontakte. Reuters reports this. According to Fitch, these rating actions followed a statement by the Ukrainian authorities from...