Credit Ratings

Rating history

BTA is rated by int'l rating agencies: Moody's, Standard & Poor's, Fitch Ratings, which have issued the following credit ratings.

Standard & Poor's

	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
Long-term credit rating (foreign currency)	D	D	BB	BB	BB	BB-	BB-	BB-	B+	B	B
Short-term credit rating (foreign curreny)	-	D	B	B	B	B	B	B	C	C	C
Outlook	-		Neg.	Neg.	Pos.	Pos.	Pos.	Stable	Stable	Pos.	Stable
Long-term credit rating (national currency)	D	C	BB	BB	BB	BB-	BB-	BB-	B+	B	B
Short-term credit rating (national curreny)	-	C	B	B	B	B	B	B	C	C	C
Outlook	-		Neg.	Neg.	Pos.	Pos.	Pos.	Stable	Stable	Pos.	Stable

Fitch Ratings

	2010	2009	2008	2007	2006	2005
Long-term issuer default rating (foreign currency)	RD	RD	BB	BB+	BB+	BB+
Outlook	-		Neg.	Neg.	Pos.	Stable
Long-term issuer default rating (national currency)	RD	RD	BB	BBB-	BBB-	BBB-
Outlook	-		Neg.	Neg.	Stable	Stable
Short-term issuer default rating (foreign currency)	RD	RD	B	B	B	B
Short-term issuer default rating (national currency)	RD	RD	B	F3	F3	F3
Individual rating	F	F	D	C/D	C/D	C/D
Support rating	5	5	3	3	3	3
Support floor rating	NF	NF	BB	BB+	BB+
Senior unsecured securities' rating	C	C	BB	BB+	BB+	BB+

Moody's

	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998
Long-term deposit obligation rating (foreign currency)	Caa3	Caa3	Ba1	Ba1	Ba1	Ba1	Ba1	Ba1	Ba1	Ba3	B2	B2	B2
Short-term deposit obligation rating (foreign currency)	NP	NP	NP	NP	NP	NP	NP	NP	NP	NP	NP	NP	NP
Long-term deposit obligation rating (national currency)	Caa3	Caa3	Ba1	Ba1
Short-term deposit obligation rating (national currency)	NP	NP	NP	NP
Outlook	Evolving	RUR	Stable	Stable	Stable	Pos.	Pos.	Stable	Stable	Pos.	Pos.	Stable	Stable
Bank Financial Strength rating	E	E	D-	D-	D-	D-	D-	D-	D-	D-	E+	E+	E+
Outlook	Stable	Stable	Neg.	Neg.	Stable	Stable	Stable	Stable	Stable	Stable	Stable	Stable	Stable
Long-term senior unsecured rating	C	Ca	Ba1	Ba1	Baa1	Baa2	Baa2	Baa3	Baa3	Ba2
Long-term subordinated debt rating	C	C	Ba2	Ba2	Baa2	Baa2
Long-term junior subordinated debt rating	-	C	Ba3	Ba3	Baa3
Outlook	Stable	Stable	Stable	Stable	Stable	Stable	Stable	Stable	Stable	Pos.

* Neg.-Negative, Pos.-Positive

Links:

www.moodys.com - Moody's Investors Service
www.standardandpoors.com - Standard & Poor's
www.sandp.ru - Standard & Poor's in CIS / issuer: BTA Bank
www.fitchratings.ru - Fitch Ratings in Russia and CIS
www.fitchratings.com - Fitch Ratings / issuer: BTA Bank