Moody's: Ukraine OTP Bank on review for downgrade

Moody's Investors Service said it placed the Ba1 long-term local currency bank deposit ratings of Ukraine's OTP Bank on review for downgrade.

The bank's D- stand-alone financial strength rating, B3 long-term foreign currency deposit rating, and not-prime short-term local and foreign currency deposit ratings remain unchanged, maintaining a stable outlook. OTP Ukraine's Aa1.ua national scale deposit rating also remained unchanged but carries no specific outlook, according to the agency.

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