Fitch Ratings on Sept. 11 affirmed Russia-based International Investment Bank's long-term issuer default rating at BBB+, and revised the outlook on the rating to positive from stable.
The agency expects the bank's business profile and operating environment to continue to improve, which reflects in the outlook change.
At the same time, Fitch affirmed the bank's short-term issuer default rating at F1 and long-term senior unsecured rating at BBB+.
