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Moody’s Changes Outlook for 14 Russian Banks to Stable From Negative

Sputnik International

Moody’s Investors Service said that the outlook for 14 Russian banks, including Sberbank, Bank VTB and Vnesheconombank, has been changed to stable from... 21.02.2017, Sputnik International

2017-02-21T14:38+0000

2017-02-21T14:45+0000

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Moody’s Changes Outlook for 14 Russian Banks to Stable From Negative

14:38 GMT 21.02.2017 (Updated: 14:45 GMT 21.02.2017)

Moody’s Investors Service said that the outlook for 14 Russian banks, including Sberbank, Bank VTB and Vnesheconombank, has been changed to stable from negative amid the upgrade of Russia's sovereign debt rating.

Moody's Upgrade of Russia's Rating Outlook Reflects 'Improvement in Economy'

18 February 2017, 13:34 GMT

WASHINGTON (Sputnik) – The outlook for 14 Russian banks, including Sberbank, Bank VTB and Vnesheconombank, has been changed to stable from negative amid the upgrade of Russia's sovereign debt rating, Moody’s Investors Service said in a press release on Tuesday.

"Moody's Investors Service has today affirmed the ratings of 14 financial institutions domiciled in Russia and changed the outlooks on those ratings to stable from negative," the release said.