Date: a month ago   Category: Finance

S&P has upgraded the rating of Vozrozhdeniye bank to "B" — Rambler News Service


S&P has upgraded the rating of Vozrozhdeniye bank to "B"
Photo: Alexander Shcherbak / TASS the International rating agency S&P Global Ratings has upgraded the long-term rating of the issuer of Vozrozhdeniye bank to "B" with "B". The forecast for rating — "positive". S&P notes that increase in rating is connected with the fact that VTB has closed the transaction on purchase of Vozrozhdeniye. The agency expects that VTB will give to bank support and also will open credit institution access to the IT infrastructure and administrative examination. The short-term rating of Vozrozhdeniye is confirmed at the level of "B". On October 2 VTB has reported that the bank has closed the transaction on acquisition at Bonum Capital of a controlling stake of Vozrozhdeniye bank.

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