(Reuters) - "The outlook revision reflects the expectation that Dresdner's stand-alone creditworthiness will strengthen as it improves its moderate financial performance in coming years through gradually rising revenues, a stable cost base, and below-average risk provisioning needs," S&P said in a statement.
However the bank's operating performance is still significantly reliant on capital market conditions and the structurally more difficult German banking market, the ratings agency added.
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