trending Market Intelligence /marketintelligence/en/news-insights/trending/L5WC7ua8p8JLNNpY1HmL1A2 content esgSubNav
In This List

S&P revises outlook on VEB-Leasing

Blog

Insight Weekly: Fed's policy stance; overdrafts under scrutiny; energy stocks rally

Blog

Latin American and Caribbean Market Considerations Blog Series: Focus on LGD

BLOG

Banking Essentials Newsletter: June Edition

Case Study

กรณีศึกษา A Bank Takes its Project Finance Assessments to a New Level


S&P revises outlook on VEB-Leasing

S&P Global Ratings on March 27 revised the outlook on VEB-Leasing JSC to developing from negative, following a similar action on the bank's parent company, Vnesheconombank.

The agency also affirmed the unit's BB+/B long- and short-term foreign-currency, BBB-/A-3 long- and short-term local-currency counterparty credit ratings and "ruAAA" Russian national scale rating.

The developing outlook on VEB-Leasing reflects that on VEB as the rating agency considers the unit to be a core subsidiary of the parent company. The ratings and outlook on VEB-Leasing will move in tandem with those on VEB as long as it remains core to the group, according to the agency.

S&P Global Ratings and S&P Global Market Intelligence are owned by S&P Global Inc.