Contact us (+ 7 (921) 446-25-10)
×
Texting is available for authorized users.
Please register or log in at the website.
×
Your request for online training has been sent. Cbonds managers will be in touch with you shortly. Thank you!

Ukrgazbank plans to get an international rating from Moody’s agency

February 08, 2005 | Cbonds

Ukrgazbank (Ukraine) plans to get an international rating from Moody’s in March, as reported to Interfax-Ukraine agency by Vadim Liashko, the bank’s CEO, last Thursday.

Liashko noted that obtaining an international rating will serve as a witness of the bank’s transparency for its international partners, and will allow expanding opportunities in terms of international projects of the bank and its clients. In particular, the rating will facilitate further cooperation with foreign banks in the sphere of extension of limits on trade finance and inter-bank limits. It will also enable the bank to raise cheep long-term financing under the guarantee or security of foreign export credit agencies.

The rating may become a positive factor for attraction of syndicated credits. Liashko says the bank is considering raising a syndicated credit from foreign banks in amount of USD10 mln before the end of 2005. This year the bank’s credit portfolio may increase by 40-45% and amount to approximately 1.5 bln hryvnias.

Based on UABanker.net


Share:

Similar news:
minimizeexpand
Cbonds is a global fixed income data platform
  • Cbonds is a global data platform on bond market
  • Coverage: more than 170 countries and 250,000 domestic and international bonds
  • Various ways to get data: descriptive data and bond prices - website, xls add-in, mobile app
  • Analytical functionality: bond market screener, Watchlist, market maps and other tools
×