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Credit-Rating upgrades INDUSTRIALBANK JSCB to uaBBB+06.12.2010 Credit-Rating, a nationally recognized credit rating agency in Ukraine has today announced that it upgraded to uaBBB+(uaBBB plus) from uaBBB the long-term credit rating assigned to Zaporizhzhia-based INDUSTRIALBANK JSCB (‘bank’). The outlook on the rating is stable. To revise the rating Credit-Rating considered bank’s financial statements for 2008-2009 and 9M2010 and its other inside information. An obligor or a debt liability with uaBBB credit rating is characterized with the SUFFICIENT creditworthiness as compared to other Ukrainian obligors or debt liabilities. This level of creditworthiness is affected by adverse changes in commercial, financial and economic conditions. A plus "+" and a minus "-" signs indicate intermediary categories compared to the standard categories (grades). Stable outlook indicates that there are no anticipated reasons to change the rating in the course of the year. Factors maintaining the credit rating
Factors constraining the credit rating
Information on all credit ratings assigned in accordance with the National Rating Scale may be found in Credit-Rating’s corporate web-site http://www.credit-rating.com.ua/ , as well as in REUTERS and BLOOMBERG information systems. For more information, please contact: |
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