Raiffeisen Bank International: Moody´s Downgrades Ukrainian Subsidiary

Raiffeisen Bank International: Moody´s Downgrades Ukrainian Subsidiary / Picture: © Vindobona.org

Already last week, the sovereign debt rating was cut. The outlook is negative. According to Moody´s, the political instability may trigger a liquidity crisis.

As a result, the political crisis in the Ukraine also affects the banking sector. Today, the U.S. rating agency Moody´s has reviewed the ratings of twelve Ukrainian banks. Ten Ukrainian banks obtained worse…