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Fitch has Affirmed Ratings of The State Export-Import Bank of Ukraine with Stable Outlook

Fitch Ratings Inc. has affirmed ratings of JSC The State Export-Import Bank of Ukraine. In particular, Long-Term Foreign- and Local-Currency IDRs are affirmed at 'B-', Outlook Stable,  Short-Term Foreign-Currency IDR is affirmed at 'B', Viability Rating is affirmed at 'b-' and Support Rating is affirmed at '5'.


National Long-Term Rating is affirmed at 'AA(ukr)', reflecting Ukreximbank creditworthiness  relative to its peers within Ukraine.

Fitch expects Ukreximbank to report a moderate net profit in 2019 considering the moderately improving economy.


The full list of the existing Ukreximbank ratings is available at: