Fitch affirmed the ratings of Ukrainian Ukreksimbanka and Oschadbanka level «B»

International rating agency Fitch on Tuesday confirmed long-term issuer default ratings (IDR) and the Ukrainian state Ukreximbank Oschadbanka level «B» from "stable outlook on the background of a high probability of support from the Ukrainian authorities, RIA Novosti reported.

In addition, Fitch raised the individual rating Oschadbanka to «D / E» to «E» the reduction of uncertainty about the dependence of the credit institution of "Naftogaz Ukraine". "Stable" projections coincide with the prediction of long-term IDR of the sovereign Ukraine, which, in turn, is at the level «B».

Last week, Fitch affirmed the long-term issuer default rating of Ukraine's foreign and local currency «B», forecast the long-term issuer default rating - "Stable". The agency has also affirmed and short-term IDR at level «B» and the country ceiling of Ukraine at the level «B».

At present JSC "Ukreximbank" remains one of the few major local financial institutions that actively support the real sector of the economy and are the stabilizers of the banking system of Ukraine.

Oschadbank, the site says the credit institution, is a universal commercial bank. On the territory of Ukraine has 25 regional offices, 400 branches and 5,751 thousand offices, 592 of which as at 1 October 2006 were in Kiev. As of 1 November 2006 the number of bank customers exceeded 94.9 million people.