OREANDA-NEWS. December 07, 2009. Veles Capital released daily market review:

S&P upped the ratings of TNK-BP from “BB+” to “BBB-”. S&P International rating agency has upped the long-term and short-term credit ratings of TNK-BP Internal Ltd. to investment (BBB/A3” from “BB+/B”, imparts the press-release of the company. The forecast on ratings is stable.

Sberbank of RF reduced the IAS net profit by 8.8 times within 9 months of 2009. Sberbank of RF within 9 months of 2009 has reduced its net profit by international accounting standards of financial reports by 8.8 times to 10.3 bn RUR from 90.2 bn RUR within the similar period of the previous year.