Tsesnabank says Rating agency Expert RA Kazakhstan withdrew ratings of bank and bonds following expiry of agreement

/KASE, February 9, 16/ – Tsesnabank JSC (Astana, hereinafter – the Bank), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has in an official letter informed KASE of the following: quote ... on withdrawal as of February 8, 2016 of ratings of creditworthiness of the Bank and reliability of its bonds KZP01Y07E760, KZP02Y08E766, KZP03Y09E762, KZP04Y10E768, KZP05Y10E765 following the expiry of the agreement with "Rating agency Expert RA Kazakhstan" LLP. However, ratings of the Bank and its securities assigned by international rating agencies Standard & Poor's and Fitch Ratings are valid. unquote [2016-02-09]