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11:50
14.09.2017
Development Bank of Kazakhstan says Standard & Poor's affirmed ratings of bank, revised outlook from negative to stable
News source: KASE
/KASE, September 14, 2017/ – Development Bank of Kazakhstan (Astana, hereinafter – 
the Bank), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), 
has informed KASE of the following:

quote

... S&P Global Ratings (hereinafter – the Agency) has revised the outlook on the
Bank's ratings from "Negative" to "Stable". At the same time the Bank's
long-term and short-term foreign and local currency issuer credit ratings were
affirmed at "ВВ+/В".

Simultaneously, the Agency affirmed the rating on Kazakhstan's national scale at
"kzAA-".

The outlook on the Bank's ratings was reviewed after the similar rating action
on sovereign ratings of Kazakhstan.

unquote

Full information is available on KASE website –  
http://www.kase.kz/files/emitters/BRKZ/brkz_confirmation_rating_120917.pdf

[2017-09-14]


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