Ratings

Current ratings of Credit Europe Bank:

Rus-Rating – AAA+&BBB+ Outlook Stable

Moodys Ba3

Fitch – “BB-“, Outlook Stable

Moody's Credit Opinion December 2006

National Scale Rating Report May 2007

Moody's Credit Opinion March 2008

Moody's Credit Opinion September 2008

Moody's Credit Opinion April 2010

Fitch Rating Report, May 2010

Moody's Credit Opinion July 2011

Rus-Rating credit statement 2011

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