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Fitch rates VTB 24 retail bank AAA(rus), outlook stable

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MOSCOW, July 4 (RIA Novosti) - Fitch Ratings said Tuesday it had assigned Vneshtorgbank Retail Financial Services a national long-term rating of AAA(rus) with a stable outlook.

Vneshtorgbank Retail Financial Services is a subsidiary of Russia's state-owned foreign trade bank Vneshtorgbank and operates under the brand of VTB 24.

The international ratings of VTB 24 are Issuer Default BBB with a stable outlook, short-term F3 and Support 2, Fitch said.

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