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Published on 10/25/2013 in the Prospect News Emerging Markets Daily.

S&P rates VTB Capital BBB/A-2

Standard & Poor's said it assigned its BBB/A-2 long- and short-term counterparty credit ratings to VTB Capital plc.

The outlook is stable.

S&P said the ratings on VTB Capital reflect the view of its "core" status to VTB Bank JSC under the group rating methodology. The agency aligns the ratings on VTB Capital with those on the other "core" operating companies of the group headed by VTB Bank, which include VTB Bank itself as well as VTB Leasing and TransCreditBank.


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