International rating agency Moody's has affirmed ratings assigned to 14 Russian financial institutions and banks, and also revised the outlook for their ratings from negative to stable, the agency said in a press release.
These institutions, in particular, are Sberbank, VTB Bank, VTB 24, the Bank of Moscow, Vnesheconombank, Roseximbank, Rosselkhozbank, Gazprombank, Alfa Bank, Rosneft and AHML.
The rating action came after Moody's raised on February 17 its outlook for Russia's sovereign rating from negative to stable.
