OREANDA-NEWS. Fitch Ratings has today assigned Ukraine-based Vseukrainsky Aktsionerny Bank's ("VABank") ratings of Issuer Default 'B-' (B minus) with Stable Outlook, Short-term 'B', Support '5' and Individual 'D/E'.

The ratings reflect VABank's small size by international standards, risks associated with rapid loan book growth and high concentrations on both sides of the balance sheet as well as significant liquidity risk exposure.

The ratings also acknowledge the bank's currently reasonable asset quality and capitalization.