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26 March, 2020

Fitch worsens outlook for Ukrainian banks over Coronavirus

The agency has said this in a statement

According to the report, the agency revised its outlook for the banking sector to negative for seven out of eight markets, in particular: Russia, Ukraine, Kazakhstan, Armenia, Azerbaijan, Belarus and Georgia.

As Ukrainian News Agency earlier reported, the Fitch has confirmed the long-term default rating of Ukraine’s issuers at B.

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