Moody's changes outlook on Bank Saint-Petersburg's B1 deposit rating to positive

23 August 2018  Moody's Investors Service has today changed to positive from stable the outlook on the B1 long-term foreign currency deposit rating of Russia-based Bank Saint-Petersburg PJSC (BSPB) and affirmed this rating.

According to Moody's, the change of BSPB's rating outlook to positive from stable reflects improving trends in the bank's asset quality and profitability, coupled with its relatively good capital buffer. The rating action is also underpinned by the bank's stable funding and liquidity profiles.

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