Fitch Revised Individual Rating of Sberbank from C/D to C
OREANDA-NEWS. April 18, 2011. The rating agency Fitch Ratings revised Individual Rating of Sberbank from C/D to C. According to the agency the upgrade of Individual Rating reflect the stabilisation of the Russian operating environment and of the bank’s own asset quality and performance, reported the press-centre of Sberbank.
At the same time Fitch Ratings affirmed the following ratings of Sberbank:
Long-term issuer default rating in foreign currency affirmed at BBB with stable outlook,
Short-term issuer default rating in foreign currency affirmed at F3,
Support rating affirmed at 2,
Outstanding debt ratings of Sberbank affirmed at BBB.
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