OREANDA-NEWS. Fitch Ratings is keeping Russia-based Orgersbank's ("Orgres") ratings of Issuer Default 'B-' (B minus), Short-term 'B', Support '5', and National Long-term 'BB+(rus)' on Rating Watch Positive ("RWP"). The Individual 'D' rating is affirmed.

The keeping of the ratings at the current levels, for the time being, follows the completion of a full review of Orges' financial position, and reflects the bank's limited franchise, concentrations on both sides of the balance sheet and modest profitability.

The ratings also take into account its robust asset quality supported by a favourable economic environment, a moderate level of market risk and reasonable liquidity position.