S&P ups national scale rating of Alfa-Bank (Ukraine).

By bne IntelliNews September 14, 2010
The international rating agency Standard & Poor's has raised the national scale rating of Alfa-Bank (Ukraine) by one notch to uaBB, reported the press-centre of Alfa-Bank. The agency also revised the outlook on international scale ratings of Alfa-Bank (Ukraine) to positive. Bank's international scale issuer credit ratings were affirmed at CCC+/C. The agency based its decision on banks improving liquidity, continuous strong market position and recently supported capitalization amid the gradually stabilizing economy in Ukraine. As earlier reported, S&P this March improved outlook for Alfa Bank Ukraine ratings to stable from negative.

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