OREANDA-NEWS. February 7, 2012. The changes for the period 30.12.2011-03.02.2012 are highlighted in red.

BANK (City)

National Rating

International Rating

30.12.2011

03.02.2012

30.12.2011

03.02.2012

GE MONEY BANK (Moscow)*

+

+

RAIFFEISENBANK (Moscow)*

--

+

--

ROSBANK (Moscow)

+

+

VTB 24 (Moscow)

ALFA-BANK (Moscow)

+

+

BBB+

BBB+

BANK OF MOSCOW (Moscow)

+

+

+

+

CREDIT EUROPE (Moscow) *

+

+

+

+

GAZPROMBANK (Moscow)

+

+

BBB+

BBB+

AK BARS (Kazan)

BBB

BBB

CREDIT BANK OF MOSCOW* (Moscow)

BBB

BBB

KHANTY-MANSIISKI BANK

BBB

BBB

MDM BANK (Novosibirsk)

BBB

BBB

NOMOS BANK (Moscow)

BBB

BBB

AVANGARD (Moscow)*

-

-

BBB-

BBB-

B&N BANK (Moscow)*

-

-

BBB-

BBB-

CENTER-INVEST (Rostov-on-Don)*

-

--

BBB-

--

MBRD (Moscow)

-

-

BBB-

BBB-

ORIENT EXPRESS (Blagoveshchensk)*

-

-

BBB-

BBB-

PETROCOMMERCE (Moscow)

-

-

BBB-

BBB-

PROBUSINESSBANK (Moscow)*

-

-

BBB-

BBB-

PROMSVYAZBANK (Moscow)

-

-

BBB-

BBB-

SKB-BANK (Ekaterinburg)*

+

A-

BB+

BBB-

SOVCOMBANK (Kostroma)*

A-

A-

BBB-

BBB-

URALSIB (Moscow)

-

-

BBB-

BBB-

VOZROZHDENIE (Moscow)

-

-

BBB-

BBB-

ZENIT (Moscow)

-

-

BBB-

BBB-

SAROVBUSINESSBANK (Sarov)*

A+

A+

BB+

BB+

SDM-BANK (Moscow)*

BB+

BB+

BFG CREDIT FUNDSERVICEBANK (Moscow)*

A-

-

BB+

BB+

FUNDSERVICEBANK (Moscow)*

-

-

BB+

BB+

MOSSTROYEKONOMBANK* (Moscow)

-

-

BB+

BB+

NBD-BANK (Nizhni Novgorod)*

-

-

BB+

BB+

BANK24.RU (Ekaterinburg)*

+

+

BB

BB

BANK TAVRICHESKI*(St. Petersburg)

+

+

BB

BB

EXPRESS VOLGA (Saratov)*

+

+

BB

BB

GAZENERGOBANK (Kaluga)*

+

+

BB

BB

KUBAN CREDIT (Krasnodar)*

+

+

BB

BB

RUSSIAN STANDARD (Moscow)

+

+

BB

BB

SOBINBANK (Moscow)*

+

+

BB

BB

VUZ-BANK (Ekaterinburg)*

+

+

BB

BB

BANK EKATERINBURG* (Ekaterinburg)

BB

BB

CHELINDBANK (Chelyabinsk)

BB

BB

GARANT-INVEST (Moscow)*

BB

BB

INVESTBANK (Moscow)**

**

--

BB**

--

RED GATES BANK (Moscow)*

BB

BB

TRUST NB (Moscow)*

BB

BB

IBSP (St. Petersburg)

-

-

BB-

BB-

MILLENNIUM BANK (Moscow)*

-

-

BB-

BB-

SOYUZ (Moscow)

-

-

BB-

BB-

UBRD (Ekaterinburg)

-

-

BB-

BB-

BANK OF SETTLEMENTS & SAVINGS (Moscow)*

+

+

B+

B+

COMPANY (City)

National Rating

International Rating

30.12.2011

03.02.2012

30.12.2011

03.02.2012

JFC SISTEMA (Moscow) *

AA+

AA+

+

+

SITRONICS (Moscow) *

A-

A-

+

+

VF SERVICES (Moscow) *

BBB-

BBB-

BB-

BB-

MUTUAL FUND (City)

National Rating

International Rating

30.12.2011

03.02.2012

30.12.2011

03.02.2012

ZRPIF FINAM KV (Moscow) *

BBB-

BBB-

BB-

BB-

BONDS (City)

National Rating

InternationalRating

30.12.2011

03.02.2012

30.12.2011

03.02.2012

INFRASTRUCTURE BOND SERIES 01 ISSUED BY OOO UPRAVLENIE OTKHODAMI VOLGOGRAD *

BBB-

BBB-

BB-

BB-

INFRASTRUCTURE BOND SERIES 01 ISSUED BY ZAO UPRAVLENIE OTKHODAMI NN (N.Novgorod)*

BBB-

BBB-

BB-

BB-

INTEREST-BEARING DOCUMENTARY NON-CONVERTIBLE BEARER EXCHANGE BONDS SERIES 03 ISSUED BY OAO TGK-1 (S.-Petersburg)*

--

AA-

--

BBB-

* Credit rating assigned on a bilateral contractual basis with a rated institution.

** The credit ratings of Investbank were downgraded to BB/B with a stable outlook on the national/international scales on the 20th of January, 2012.