Development Bank of Kazakhstan says agency Fitch Ratings affirmed ratings of bank and bonds; outlook Stable

21.11.14 17:31
/KASE, November 21, 14/ – Development Bank of Kazakhstan JSC (Astana, hereinafter – the Bank), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter of November 20, 2014 informed KASE of the following: quote ... rating agency Fitch Ratings (hereinafter – Agency Fitch) affirmed the Bank's long-term issuer default ratings (hereinafter – IDR) in foreign and national currencies at levels "ВВВ" and "ВВВ+" accordingly. Outlook on ratings – "Stable". Concurrently, long-term ratings of senior unsecured debt liabilities (ISIN XS0860582435, XS0570541317, XS0248160102, XS0220743776, MYBVI1202859) and issue program of the Bank were affirmed by Agency Fitch at level "ВВВ". unquote The press-release of Fitch Ratings of November 18, 2014 provided by Development Bank of Kazakhstan is available on KASE website in Russian at http://www.kase.kz/files/emitters/BRKZ/brkz_reliz_181114.pdf [2014-11-21]