S&P: Vnesheconombank, Russian Bank view positive

Standard & Poor's said it affirmed ratings on Vnesheconombank and Russian Bank for Development and changed the outlook to positive.

The move follows the outlook revision on the Russian Federation ratings (foreign-currency BBB+/positive/A-2; local-currency A-/positive/A-2) on March 11.

A satisfactory level of capitalization provided by the Russian government, the banks' owner, underlines their clear public role, according to the agency.

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