Halyk Savings Bank of Kazakhstan says Moody's Investors Service upgraded long term deposit ratings of bank to "Ba1", outlook negative

28.06.17 17:11
/KASE, June 28, 2017/ – Halyk Savings Bank of Kazakhstan (Almaty, Bank), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE of the following: quote On June 27, 2017 Moody's Investors Services upgraded the Bank's long-term deposit rating from "Ва2" to "Ва1" and changed the outlook from "developing" to "negative". The rating agency also affirmed the rating at "Ва3" and changed the outlook from " developing" to "negative" on the following issued securities of the Bank: coupon international bonds (XS0583796973, US46627JAB08, HSBKe5), coupon international bonds (XS0583796973, US46627JAB08, HSBKe5), the seventh issue under the third bond program of the Bank (KZP07Y10C591, KZ2C00002855, HSBKb18). unquote Details are available on KASE website – http://www.kase.kz/files/emitters/HSBK/hsbk_rating_270617.pdf [2017-06-28]