Moody's: Ukraine bank system levels off

Source : 112 Ukraine

Hryvna stabilization can slow down repayment ability decrease
19:03, 31 May 2016

An American credit rating agency Moody's has changed the estimation of Ukraine' banking system from "negative" into "stable".

"Changing the estimation we ensure that the economics of Ukraine may start overcoming severe recession during next 12-18 months. That may control the deterioration of banks’ asset quality", - reports the press-release.

Moody's has also added that the stabilization of hryvna can slow down the repayment ability decrease.

Related: Ukrainian government adopts measure to simplify medicine import

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