Fitch affirms Oschadbank, Ukreximbank

Fitch Ratings said it affirmed the ratings of Oschadbank (State Savings Bank of Ukraine) and Ukreximbank (State Export-Import Bank of Ukraine), including their B- long-term foreign and local currency issuer default ratings.

The outlook is stable.

The agency said the affirmation of the ratings reflects limited changes to these banks' standalone credit profiles and Fitch's view of potential support to these institutions, if required, from the government of Ukraine (B-/stable).

The b- viability ratings reflect the exposure and strategic commitment of Oschadbank and Ukreximbank to the vulnerable Ukrainian market where they operate as some of the largest institutions, Fitch said.

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