S&P: Bank of Khanty-Mansiysk view to positive

Standard & Poor's said it revised the outlook on Bank of Khanty-Mansiysk to positive from stable. The agency also said it affirmed the B+ long-term and B short-term counterparty credit ratings and the ruA+ Russia national scale rating.

The outlook revision reflects that the negative impact of the economic downturn has been less harsh on the bank than anticipated, the agency said. The bank has maintained a fairly resilient financial profile, S&P said.

The bank is steadily improving its liquidity and capitalization, while asset quality indicators have deteriorated to a lesser degree than its peers, the agency added.

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