14.07.2015, 12:08
Development Bank of Kazakhstan says agency Standard & Poor's affirmed long-term ratings of bank and bonds at "BBB", outlook negative
OREANDA-NEWS. Development Bank of Kazakhstan JSC (Astana, hereinafter – the Bank), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following:
"... The rating agency Standard & Poor's (hereinafter – the Agency) has affirmed the Bank's long-term counterparty credit ratings in foreign and local currency at "BBB", outlook negative.
At the same time long-term ratings of priority unsecured debentures (ISIN XS0860582435, XS0570541317, XS0248160102, XS0220743776, MYBVI1202859, KZ2C00003002) and issuance programs were also affirmed by the Agency at the level of "BBB".
"... The rating agency Standard & Poor's (hereinafter – the Agency) has affirmed the Bank's long-term counterparty credit ratings in foreign and local currency at "BBB", outlook negative.
At the same time long-term ratings of priority unsecured debentures (ISIN XS0860582435, XS0570541317, XS0248160102, XS0220743776, MYBVI1202859, KZ2C00003002) and issuance programs were also affirmed by the Agency at the level of "BBB".
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