(The following statement was released by the rating agency)
Jan 16 - Fitch Ratings has revised the Outlook on of JSC VTB Bank and five
of its subsidiaries to Negative from Stable and affirmed the 'BBB' Long-term
Issuer Default Ratings (IDR). At the same time, the agency has affirmed the
'BBB' Long-term IDRs of Sberbank - Savings Bank of the Russian Federation
(Sberbank) and Vnesheconombank (VEB) with Stable Outlooks. A full list of rating
actions is at the end of this comment.