OREANDA-NEWS. December 25, 2007. OTKRITIE Financial Corporation explains about the withdrawal of Standard & Poor's credit ratings "CCC" long-term and "C" short-term ratings, and also the national scale "ruB" rating, that had been assigned to the OTKRITIE Brokerage House OJSC.

This decision made had arisen from OTKRITIE Brokerage House becoming a subsidiary of FC OTKRITIE, following the restructure of the group's companies, and no longer being an independent borrower in the market.

"We expect the parent company of the group "OTKRITIE FC" to receive the international ratings of the world's leading rating agencies in the near future," Mikhail Belyaev, Senior Managing Director of FC OTKRITIE, commented.