"Moody's" withdrew all ratings of "UkrSibbank"
| "STATUS QUO", Kharkiv, 2012-01-30, 17:42 |
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International rating agency "Moody's Investors Service" has withdrawn all ratings of "UkrSibbank" (Kharkiv). It was reported by "Podrobnosti" with reference to the agency.
According to the agency, the ratings were withdrawn for business reasons.
As the "Correspondent" reported, "Moody's" withdrew a long-term deposit rating in national currency Ba2, long-term deposit rating in foreign currency B3, short-term deposit rating in national currency and foreign currency Not Prime, financial strength rating of E + and rating Aa1.ua by the national scale.
"SQ" Reference. "UkrSibbank" (Kharkiv) was founded in 1990. To the beginning of October 2011 "BNP Paribas SA" (France) owned 84.9995% of the share capital of the Bank, European Bank for Reconstruction and Development - 15%. Bank's regional network includes 700 branches. According to the National Bank of Ukraine, as of October 1, 2011 the Bank ranked fifth among 175 banks operating in the country by total assets (UAH 42.235 billion.). In January-September 2011 the "UkrSibbank" suffered losses at UAH 1.395 billion, loss of the bank in 2011 amounted to UAH 3.717 billion.
January 24, the agency confirmed the long-term deposit rating of the "UkrSibbank" in national currency "Ba2" and its rating by national scale "Aa1.ua", also outlook for "Ba2" rating was negative.
