OREANDA-NEWS. Fitch Ratings has today affirmed the ratings of Russia-based JSC Vneshtorgbank ("VTB") and its London-, Paris- and Cyprus-based subsidiaries, respectively VTB Europe plc ("VTBE"), VTB Bank France SA. ("VTBF") and Russian Commercial Bank (Cyprus)("RCBC").

For VTB, foreign currency Issuer Default rating ("IDR") 'BBB+', Short-term foreign currency 'F2', Individual 'C/D', Support '2', National Long-term 'AAA(rus)', Local currency IDR 'BBB+'. The Outlooks on the bank's IDRs and National Long-term rating are Stable.

VTBE’s foreign currency IDR 'BBB', Short-term foreign currency, 'F3', Individual 'C' and Support '2'. The Outlook on the bank's IDR is Stable mirroring that assigned to VTB's IDR.

VTBF’s foreign currency IDR 'BBB', Short-term foreign currency 'F3', Individual 'C/D' and Support '2'. The Outlook on the bank's IDR is Stable mirroring that assigned to VTB's IDR.

RCBC’s foreign currency IDR 'BBB', Short-term foreign currency 'F3' and Support '2'. The Outlook on the bank's IDR is Stable mirroring that assigned to VTB's IDR. RCBC's Individual rating of 'D/E' is affirmed and withdrawn.