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Fitch affirms Kreschatyk ratings despite worries over Kiev backing
Journal Staff Report

MOSCOW, Sept 25 - Fitch Ratings has affirmed Bank Khreschatyk's ratings at foreign and local currency issuer default 'B', short-term 'B', individual 'D/E' and support '4'. The outlooks on the issuer default ratings remain stable.

Khreschatyk's issuer default ratings, short-term and support ratings are based on the limited probability of support being forthcoming from the bank's majority owner, the city of Kiev, in case of need, the agency stated.




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