OREANDA-NEWS. June 07, 2010. Standard & Poor's Ratings Services assigned its 'B+' long-term and 'B' short-term local and foreign currency counterparty credit ratings to Belarus-based Belagroprombank JSC. The outlook is negative, reported the press-centre of Belagroprombank.

The ratings assigned to Belagroprombank are the highest possible for the Belarussian banks and fully mirrors the sovereign ratings of the Republic of Belarus.

The ratings reflect a high likelihood of government support to Belagroprombank JSC, the bank's strong domestic market position, adequate capitalization.