MUMBAI (Thomson Financial) - Standard & Poor's Ratings Services said its ratings on Russia's Raiffeisenbank ZAO remain unchanged after Russia's outlook revision to positive from stable due to continuous growth in external buffers.
S&P has 'BBB+/A-2' ratings with a stable outlook on Raiffeisenbank ZAO.
S&P said it considers Raiffeisenbank to be a strategically important subsidiary of Raiffeisen International Bank-Holding AG, controlled by Austria-based Raiffeisen Zentralbank Osterreich. TFN.newsdesk@thomson.com ndi/ans COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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