OREANDA-NEWS. November 17, 2010. Fitch Ratings Agency assigned long-term Issuer Default Rating (IDR) BB in foreign and national currencies, short-term IDR B, individual rating D/E, support rating 3, and national long-term rating AA-(rus) to Sviaz-Bank, reported the press-centre of Sviaz-Bank.

The outlooks for the long-term IDRs and the national long-term rating are stable.

In the Agency’s view, the ratings assigned to Sviaz-Bank are based on the positive results of the Bank’s financial operations through 2010, transparent development prospects, and the Bank’s strong capital position backed up with the financial support of Vnesheconombank, its shareholder