Moody's: Ukraine banks' outlooks remain negative

Moody's Investors Service said the outlook on Ukraine's banking system remains negative.

The agency said that the key drivers of the negative outlook are (a) the challenging operating environment and the strong likelihood of weak economic growth through 2013; (b) the significant stock of non-performing loans; (c) the limited availability of local-currency funding; and (d) the banks' weak profitability.

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