OREANDA-NEWS.  August 01, 2012. KzRating has increased the credit rating of Eurasian Bank (Almaty) to "BB" on the national scale and "A-" on the international scale, in both cases with a stable outlook, reported the press-centre of KASE.

According to the Agency, the rating increase reflects steady growth in the Bank's business and increased returns on core operations.

The rating is based on a transparent ownership structure, strong support from the Bank's principal shareholders, minimal reliance on foreign borrowing and the absence of cross-border risks.

Constraining factors include low capital adequacy and possible liquidity  issues in the medium term due to gaps between the term structures of assets and liabilities.