Delta Bank says Standard & Poor's retained bank ratings despite license for opening new individual current and deposit accounts was temporarily suspended

17.11.16 15:21
/KASE, November 17, 2016/ – Delta Bank (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE of the following: quote On November 14, 2016 S&P Global Ratings confirmed that ratings Delta Bank (B/Stable/B) did not change despite the decision of the National Bank of the Republic of Kazakhstan of November 7, 2016 to temporarily (for three months) suspend the Bank's license opening new individual current and deposit accounts. unquote Details are available on KASE website – http://www.kase.kz/files/emitters/NFBN/nfbn_reliz_141116.pdf [2016-11-17]