Ukraine: groats production recovering

Groats production in Ukraine totaled 35.05 KMT in September, up by 13.5% YoY (30.87 KMT). In 2016 the production of all groats in Ukraine has increased by 2.2% to 233.12 KMT. This included a 46.4% hike in output of rice groats, to 13.51 KMT, 36.5% in oat groats (2.02 KMT), 33.1% in millet groats (11.77…

Ukraine: grain legumes output up in 2016

In 2016 Ukraine considerably increased grain legumes production. Although official figures are not available yet, it can be assumed that legumes crop is 70% higher than last year, mainly owing to significant expansion of peas planted area. Moreover, favorable weather in spring and early summer ensured all-time high peas productivity. In general, experts believe grain…

Ukraine: Fitch upgrades 7 banks on sovereign rating change

Fitch Ratings has upgraded the long-term foreign currency issuer default ratings (IDRs) of seven Ukrainian banks to ‘B-‘ from ‘CCC’, Fitch has said in a press release. The banks are State Export-Import Bank of Ukraine (Ukreximbank), State Savings Bank of Ukraine (Oschadbank), Alfa-Bank, Ukrsotsbank, ProCredit Bank (Ukraine), Credit Agricole Bank and Pravex-Bank. The outlooks on…