Fitch downgraded the credit rating of the state “PrivatBank” © UNIAN The Cabinet nationalized financial institution late in the evening of 18 December. International rating Agency Fitch Ratings downgraded the viability rating of the nationalized 18 “Privat” from “CCC” (possible default) to “F” (uncertainty). The reason the financial institution is in need of significant capitalization. According to the national Bank, you need to make 148 billion (6% of Ukraine’s GDP in 2017). This is stated in the press release of […]

Gontareva said the timing of stabilization in “PrivatBank” The head of the NBU Valeria Gontareva© UNIAN The Cabinet nationalized financial institution late in the evening of 18 December. To stabilize the situation in the nationalized 18 “PrivatBank” will need at least a year. However, the time can be extended up to three years. About this on air of the program “Events” on the channel “Ukraine” said the head of national Bank Valeria Gontareva. “I think, “PrivatBank” will have a cost, […]