OREANDA-NEWS. June 01, 2010. Fitch Ratings Agency has announced it has reviewed OJSC “Promsvyazbank”’s (PSB) rating outlook from Rating Watch “Evolving” to “Positive”, while long-term IDR remains unchanged on the level “B+”, reported the press-centre of PSB.

The change in rating outlook reflects the strengthening of certain aspects of Russia's banking system infrastructure.

Promsvyazbank’s Positive Outlook reflects Fitch’'s base case expectation that during the next year the bank’s asset quality will stabilize and capitalization will strengthen, which could result in a potential upgrade of the bank’s Long-term IDR to “BB-“.