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Fitch rates VTB 24 bond AAA(rus)
Fitch Ratings said it assigned to the RUR6 billion four-year bond issue of VTB 24 a national long-term rating of AAA(rus). VTB24 has a long-term issuer default rating of BBB+, short-term rating of F2, support rating of 2 and national long-term rating of AAA(rus).
The outlook is stable.
Fitch noted that under Russian law, the claims of retail depositors rank above those of other senior unsecured creditors.
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