Fitch Affirms PJSC CB Privatbank at 'B-'; Outlook Stable

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Fitch Affirms PJSC CB Privatbank at 'B-'; Outlook Stable

Fitch Ratings has affirmed Ukraine's PJSC CB PrivatBank's (PB) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'B-'. The Outlooks are Stable.

Simultaneously, Fitch has affirmed the bank's 'b-' Viability Rating (VR) and upgraded the National Long-Term Rating to 'AA(ukr)' from 'AA-(ukr)'. A full list of rating actions is at the end of this commentary.