OREANDA-NEWS. Fitch Ratings has today affirmed Ukraine-based JSC Bank Nadra's ratings at Issuer Default "B-" (B minus) with a Stable Outlook, Short-term "B", Individual "D/E" and Support "5".

The ratings of Nadra reflect the high credit risks resulting from the rapidly growing retail lending portfolio, moderate capitalisation and profitability and potentially vulnerable liquidity.

However, Fitch notes the bank's growing regional presence and retail franchise, acceptable asset quality to date and limited market risks.