Subsidiary Bank Sberbank of Russia says agency Fitch Ratings affirmed bank ratings

01.10.14 17:32
/KASE, October 1, 14/ – Subsidiary Bank "Sberbank of Russia" JSC (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE that "Fitch Ratings affirmed the long-term issuer default rating ("IDR") of Subsidiary Bank "Sberbank" JSC (Kazakhstan) at level "BВВ-" with "Negative" outlook and the bank's financial strength rating at level "bb-". The press-release of Fitch Ratings of September 29, 2014, provided by Subsidiary Bank "Sberbank of Russia" JSC is available on KASE website in Russian at http://www.kase.kz/files/emitters/SBER/sber_reliz_290914.pdf [2014-10-01]