OREANDA-NEWS. On November 10, 2008 Fitch Ratings changed the outlooks on 12 banks of the Russian Federation to negative from stable and affirmed their ratings, reported the press-centre of RAB.

Long-term foreign currency IDR of RAB was affirmed at ‘BBB+’, outlook revised to negative from stable.

This action follows revision of the outlook on the Russian Federation’s IDRs to negative from stable.