Ratings

Credit rating serves as the indicator of the loaner’s creditworthiness, i.e. its ability to fulfill current or possible future debt obligations timely.

Ratings are published by the credit agencies.

VTB Bank OJSC was assigned the ratings of the leading international agencies Moody`s and Standard & Poor`s.

Moody’s has started assignment of ratings to VTB since 1997, Standard & Poor’s - since 2004.

Overview of the actual credit ratings of VTB Bank is given below.

VTB Bank OJSC

Moody`s Investors Service

Forecast


Unsecured bonds rating

Long term deposits/p>

Short term deposits

Financial Strength Rating

“Negative” Rating is being reviewed

Baa2

Baa2

P-2

D-

Standard & Poor`s

Forecast

Unsecured bonds ratings

Long term foreign and local currency credit rating

Short term foreign and local currency credit rating

National Scale Rating

“Negative”

BBB

BBB-


A-3


ruAAA

VTB Bank (Kazakhstan) JSC SO

Standard & Poor`s

Forecast

Unsecured bonds rating

National Scale unsecured bonds rating

Long term foreign and local currency credit rating

National Scale Rating

“Negative”

BB+

kzAA-

BB+/B

kzAA-