Moody's

Moody's Investors Service says that it expects modest annual GDP growth in Ukraine in 2017-2018.

Moody's Investors Service on August 30 upgraded ratings of three state-run banks – PrivatBank, Oschadbank, and Ukreximbank, and three private banks – Raiffeisen Bank Aval, Pivdennyi and Prominvestbank, following a recent improvement in the creditworthiness of the government of Ukraine.

Moody's Investors Service has today downgraded the long-term foreign-currency senior unsecured debt rating of PrivatBank to C from Ca, according to a posting on the agency's website.