/KASE, May 24, 2016/ – Kazkommertsbank (Almaty), whose securities are officially
listed on Kazakhstan Stock Exchange (KASE) , has informed KASE "of rating agency
Standard & Poor's Rating Services downgrading the long-term rating of
Kazkommertsbank from "В-"to "ССС+"; ratings of subordinated bonds were
downgraded from "ССС" to "ССС-" and perpetual subordinated bonds – from "ССС-"
to "СС" according to S&P statement dated May 16, 2016".
The letter is available on KASE website in Russian –
http://www.kase.kz/files/emitters/KKGB/kkgb_change_rating_160516.pdf
[2016-05-24]