Moody's confirms UkrSibbank

Moody's Investors Service said it confirmed UkrSibbank's Ba2 long-term local currency deposit rating and its Aa1.ua national scale rating. The Ba2 local currency deposit rating carries a negative outlook.

UkrSibbank's E+ stand-alone bank financial strength rating, which maps to B2 on the long-term scale, as well as its B3 foreign currency deposit rating are unaffected by this rating action. The outlook on the bank financial strength rating is stable, while the outlook on the B3 foreign currency deposit rating is negative driven by the negative outlook on Ukraine's foreign currency deposit ceiling.

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