Kazkommertsbank says agency Fitch Ratings downgraded long-term default ratings of Kazkommertsbank and BTA Bank and withdrew ratings of BTA Bank

14.08.15 14:01
/KASE, August 14, 15/ – Kazkommertsbank JSC (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release: quote ... international rating agency Fitch downgraded long-term issuer default ratings (IDR) of KKB in the foreign and national currency from "B" to "B-" and its stability rating from "b" to "b-". Outlook on long-term ratings – "Negative". Also, Fitch downgraded long-term IDR of BTA Bank from "B-" to "CCC" and withdrew its ratings Contacts: Aliya Nursipatova, Alma Buirakulova, Investor Relations +7 (727) 258-51-25, E-mail: investor_relations@kkb.kz Larissa Kokovinets, Public Relations +7 (727) 258-54-56, E-mail: pr@kkb.kz unquote [2015-08-14]