/KASE, April 18, 14/ – ATFBank (Almaty), securities of which are officially
listed on Kazakhstan Stock Exchange (KASE), informed KASE by the official
letter:
quotation
...On April 11, 2014m Rating Agency Fitch Ratings affirmed ATFBank ratings:
Long-term foreign and local currency IDRs: downgraded to 'B' from 'B+',
Outlook Stable
Short-term foreign currency IDR: affirmed at 'B'
National Long-term Rating: downgraded to 'BB+(kaz)' from 'BBB(kaz)', Outlook
Stable
Viability Rating: downgraded to 'b' from 'b-'
Support Rating: affirmed at '5'
Support Rating Floor: assigned at 'No Floor'
Senior unsecured debt downgraded to 'B' from 'B+'; Recovery Rating 'RR4'
National senior unsecured debt rating downgraded to 'BB+(kaz)' from
'BBB(kaz)'
Dated subordinated debt downgraded to 'B-' from 'B'; Recovery Rating 'RR5'
National dated subordinated debt rating downgraded to 'BB-(kaz)' from
'BB+(kaz)'
Perpetual subordinated debt affirmed at 'CCC'; Recovery Rating RR6
ends
ATFBank provided Fitch Ratings press release of April 11, 2014 in English
and Russian is available on KASE website at
http://www.kase.kz/files/emitters/ATFB/atfb_reliz_110414.pdf
[2014-04-18]