September 13, 2012 / 10:22 AM / 5 years ago

TEXT-S&P ratings - SME Bank

(The following statement was released by the rating agency)

Sept 13 -

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Ratings -- SME Bank ----------------------------------------------- 13-Sep-2012

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CREDIT RATING: Country: Russia

Local currency BBB+/Stable/A-2

Foreign currency BBB/Stable/A-2 Primary SIC: Sovereign owned

banks

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Credit Rating History:

Local currency Foreign currency

13-Sep-2012 BBB+/A-2 BBB/A-2

08-Dec-2008 BBB+/A-2 BBB/A-3

15-Aug-2008 A-/A-2 BBB+/A-2

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Issues:

Rating Rating Date

RUB5 bil bnds ser 01 due 03/29/2022 BBB+ 23-Mar-2012

RUB5 bil 9.20% bnds ser 02 due 08/23/2022 BBB+ 20-Aug-2012

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