Moody's upgraded the ratings of Prominvestbank

27 December 2010 13:58

On December, 23, International rating agency Moody's upgraded the ratings of Prominvestbank B2/A2.ua to Ba3/Aa1.ua.



In particular, Moody's raised the rating of deposits in national currency from B2 to Ba3 and national scale rating toA2.ua to Aa1.ua. BFSR affirmed at E +.

Upcoming bond issue Prominvestbank by 1.5 billion UAH. Moody's assigned a preliminary rating of long-term priority unsecured debt in national currency "Ba3". Expected release also has a long-term national scale rating of "Aa1.ua".Moody's clarified that the bonds will be issued for a period of 2 - 3 years.