Credit ratings

Credit ratings are professional opinions about an entity`s creditworthiness with respect to its current or future obligations. VTB Bank (PJSC) is rated by the following ratings agencies: Moody`s (since 1997), S&P Global (since 2004), RAEX (since 2017) and ACRA (since 2021). Below you can see an overview of the Bank`s current ratings.

Moody`s Investors Service

Class Rating Outlook
Senior Unsecured in Foreign Currency Baa3 Stable
Senior Unsecured in Domestic Currency Baa3 Stable
Long-term Bank Deposits in Foreign Currency Baa3 Stable
Long-term Bank Deposits in Domestic Currency Baa3 Stable
Long-term Counterparty Risk Rating in Foreign Currency Baa3
Long-term Counterparty Risk Rating in Domestic Currency Baa3
Short-term Counterparty Risk Rating in Foreign Currency P-3
Short-term Counterparty Risk Rating in Domestic Currency P-3

Date of the latest rating revision/affirmation – 3 August 2021

Actual information on Moody’s ratings and methodology is available on www.moodys.com

S&P Global Ratings

Issuer Credit Rating Value Outlook
Foreign Currency Long-term BBB- Stable
Local Currency Long-term BBB- Stable
Foreign Currency Short-term A-3
Local Currency Short-term A-3

Date of the latest rating revision — 13.04.2021

Actual information on S&P Global ratings and methodology is available on www.spglobal.com/ratings

RAEX

Issuer Credit Rating Value Outlook
Long-term bank creditworthiness rating on Russian national scale ruAAА Stable

Date of the latest rating revision/affirmation – 13 May 2021

Actual information on RAEX ratings and methodology is available on www.raexpert.ru

ACRA

Issuer Credit Rating Value Outlook
National rating scale AAA(RU) Stable

Actual information on ACRA ratings and methodology is available on www.acra-ratings.ru.