OREANDA-NEWS. November 14, 2011. Standard & Poor's Ratings Services affirmed its 'BBB' long-term counterparty credit rating on VTB Bank. The outlook on the rating is stable, reported the press-centre of VTB.

At the same time S&P raised its assessment of VTB’s stand-alone credit profile to 'bb' from 'bb-'.

Herbert Moos, VTB Deputy President and Chairman of the Management Board, said: ‘We are glad that S&P has recognised our efforts to successfully integrate the Group’s newly acquired businesses while increasing VTB’s capitalisation and credit quality in the best interest of its shareholders.’