Development Bank of Kazakhstan says agency RAM Ratings Services Berhad affirmed long-term rating of Islamic bonds sukuk "Al-Murabaha" issue program

/KASE, July 5, 2017/ – Development Bank of Kazakhstan (Astana), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE of the following: quote Malaysian rating agency RAM Rating Services Berhad affirmed the long-term rating of the Program of issue of mid-term Islamic bonds "Sukuk "al-Murabaha" of Development Bank of Kazakhstan (hereinafter – the Bank) in the amount of up to MYR1.5 bn at АА3/Stable. This rating witnesses of a high level of the Bank's reliability with regard to covering financial obligations. unquote [2017-07-05]