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Fitch assigns Sberbank's Eurobond final BBB rating

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MOSCOW, May 31 (RIA Novosti) - Fitch has assigned Sberbank's new $10-bln loan participation notes issuing program final ratings of long-term BBB and short-term F3, the international rating agency said Tuesday.

Fitch also assigned a final long-term BBB rating to the $500-mln issue of 6.48% notes, due in May 2013, which was the first issue under the program.

Sberbank accounted for 58% of individual ruble accounts and 41.3% of foreign currency accounts in Russia's commercial banks as of March 1.

The Central Bank of Russia holds just over 60% of shares in the bank, with the remainder distributed among legal entities and individuals.

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