Fitch affirms Sberbank

Fitch Ratings said it affirmed Sberbank of Russia's long-term foreign-currency issuer default rating at BBB, short-term foreign-currency issuer default rating at F3, viability rating at BBB, senior unsecured debt long-term rating at BBB and senior unsecured debt short-term rating at F3.

The outlook is stable.

The ratings reflect the bank's dominant market position, granular and stable deposit base and resulting strong liquidity, Fitch said.

The ratings also consider its strong performance, the stabilization of asset quality following the crisis and reasonable capitalization, the agency said.

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