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Fitch Ratings agency upgrades SDM-Bank ratings

31.05.2013

International rating agency Fitch Ratings upgraded SDM-Bank’s national and international currency long term IDR from «B» to «В+», with Stable outlook.

National long term IDR has been upgraded from «BВB(rus)» to «А-(rus)», with Oulook remaining stable.

SDM-Bank debut bond issue rating has also been upgraded to «B+», with debt long term national rating upgrade to «A-(rus)».

The Fitch reported noted the following:

Fitch Ratings first rated SDM-Bank in December 2008, with IDR level at «B-» and stable outlook.

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