/KASE, May 25, 2016/ – Tsesnabank (Astana, hereinafter – the Bank), whose bonds
are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE
that "on May 20, 2016 Standard & Poor's changed Tsesnabank's outlook from Stable
to Negative and affirmed the long-term and short-term ratings in foreign and
national currency at В+/В. The rating on national scale was downgraded from
kzBBB to kzBBB-.
Said letter and press-release of Standard & Poor's dated May 20, 2016, provided
by Tsesnabank, are available on KASE website, in Russian –
http://www.kase.kz/files/emitters/TSBN/tsbn_change_rating_200516.pdf
[2016-05-25]