Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for Sberbank (Savings Bank of the Russian Federation) > News item |
Fitch affirms Sberbank
Fitch Ratings said it affirmed the Savings Bank of the Russian Federation's (Sberbank) BBB long-term debt rating, F3 short-term debt rating, 2 support rating and C/D individual rating.
The outlook is stable.
The long-term, short-term and support ratings reflect Sberbank's importance to the Russian banking sector, due to its unmatched size and domestic franchise, and its majority state ownership, Fitch said.
Sberbank's individual rating reflects the depth of its franchise and its strong and stable funding base. However, the agency said it also reflects the bank's moderate performance, high loan concentration levels and relatively high-risk operating environment.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.