Today, Credit Rating Agency has confirmed a long-term credit rating of the city of Odesa at uaАА- with the Developing outlook. Rating placed on the CreditWatch. The credit rating is based on the results of the analysis of economic and financial indicators, information on the city’s demographic situation, labor market, debt obligations, available community property, and long-term plans for the future...
Ukrainian banks had a rough year in 2012. With the year coming to a close, it is an opportune time to look back at the main causes and examine the prospects in 2013 and beyond. High macroeconomic uncertainties,devaluation expectations, and administrative regulation, as well as a lack of creditworthyborrowers are the complex of factors that characterized the Ukrainian banking sector in 2012...