Sberbank Rossii OAO : Fitch Ratings updated Sberbank’s ratings

21.01.13

Fitch Ratings updated Sberbank's ratings

January 21, 2013, Moscow - The rating agency Fitch Ratings assigned Sberbank of Russia the following ratings:

- Long term issuer default rating in local currency - "ÂÂÂ", with the Stable outlook;
- Short term issuer default rating in local currency - "F3";
- National long term rating - "ÀAA(rus)", with the Stable outlook.

At the same time Fitch Ratings affirmed the following ratings of Sberbank:

1. Long term issuer default rating in foreign currency affirmed at "ÂÂÂ" with the Stable outlook;
2. Short term issuer default rating in foreign currency affirmed at "F3";
3. Support rating floor - "ÂÂÂ";
4. Viability rating - "bbb";
5. Support rating - "2".`

# # #

Sberbank of Russia
Alexander Baziyan
Public Relations  
Tel. [phone]
[e-mail]

Sberbank of Russia is the largest bank in Russia and holds almost one third of all Russian banking sector assets. The Central Bank of the Russian Federation is the founder and major shareholder of Sberbank, owning 50% of the total share capital plus one voting share. Other shares are held by more than 245,000 individual and institutional investors. The Bank has the largest distribution network in Russia with over 19,000 offices as well as subsidiaries in 20 countries including the CIS, Central and Eastern Europe and Turkey. In September 2012, Sberbank completed the acquisition of DenizBank AS which is ranked 6th among private and 9th among all Turkish banks by consolidated total assets.

The Bank holds the general banking license No.1481 issued by the Bank of Russia.
The official website is www.sberbank.ru.