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Moody's upgrades Sberbank rating to D, outlook stable

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MOSCOW, November 28 (RIA Novosti) - Moody's has upgraded Sberbank's [RTS: SBER] financial stability rating from D- to D, with a stable outlook, the international rating agency said Tuesday.

The state-controlled retail savings bank is Russia's largest bank, with 60.57% of its shares controlled by the Central Bank. Its equity as of August 1, 2006 stood at 311.8 billion rubles ($11.5 billion).

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