S&P revises Russian banks

Standard & Poor's said it revised its ratings on 18 Russian banks and their core subsidiaries after applying its new ratings criteria for banks, which was published on Nov. 9.

The affected banks were revised as follows:

• OJSC Alfa-Bank issuer credit rating revised to BB/stable/B from BB-/positive/B and Russia national scale rating revised to ruAA from ruAA-;

• Bank Rossiya issuer credit rating revised to B+/stable/B from B/stable/B and Russia national scale rating revised to ruA from ruA-;

• Bank Uralsib (OJSC) issuer credit rating revised to BB-/stable/B from B+/stable/B;

• Bank Vozrozhdenie issuer credit rating affirmed at BB-/stable/B and Russia national scale rating affirmed at ruAA-;

• BNP Paribas ZAO issuer credit rating affirmed at BBB/stable/A-3 and Russia national scale rating affirmed at ruAAA;

• Commercial Bank Petrocommerce (OJSC) issuer credit rating affirmed at B+/stable/B and Russia national scale rating affirmed at ruA

• Gazprombank issuer credit rating affirmed at BB+/stable/B and Russia national scale rating affirmed at ruAA+;

• JSC VTB Bank issuer credit rating affirmed at BBB/stable/A-3 and Russia national scale rating affirmed at ruAAA;

• TransCreditBank issuer credit rating revised to BBB-/stable/A-3 from BB+/stable/B and Russia national scale rating revised to ruAAA from ruAA+;

• VTB-Leasing issuer credit rating affirmed at BBB/stable/A-3 and Russia national scale rating affirmed at ruAAA;

• Krayinvestbank issuer credit rating revised to B+/stable/B from B/positive/B and Russia national scale rating affirmed at ruA;

• MDM Bank issuer credit rating revised to BB-/stable/B from B+/stable/B and Russia national scale rating revised to ruAA- from NR;

• Raiffeisenbank ZAO issuer credit rating affirmed at BBB/stable/A-3 and Russia national scale rating affirmed at ruAAA;

• Rosbank OJSC JSCB issuer credit rating affirmed at BB+/positive/B and Russia national scale rating affirmed at ruAA+;

• Russian Standard Bank CJSC issuer credit rating affirmed at B+/stable/B and Russia national scale rating affirmed at ruA;

• Vnesheconombank foreign currency ratings affirmed at BBB/stable/A-3 and local currency ratings affirmed at BBB+/stable/A-2;

• Globexbank issuer credit rating revised to BB/stable/B and Russia national scale rating revised to ruAA from ruAA-;

• OJSC VEB-leasing foreign currency ratings affirmed at BBB/stable/A-3, local currency ratings affirmed at BBB+/stable/A-2 and Russia national scale rating affirmed at ruAAA;

• SME Bank foreign currency ratings affirmed at BBB/stable/A-3 and local currency ratings affirmed at BBB+/stable/A-2;

• Sviaz-Bank issuer credit rating revised to BB/stable/B from BB-/stable/B and Russia national scale rating revised to ruAA from ruAA-; and

• ZAO UniCredit Bank issuer credit rating affirmed at BBB/stable/A-3.

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