/KASE, September 14, 2017/ – Development Bank of Kazakhstan (Astana, hereinafter –
the Bank), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE),
has informed KASE of the following:
quote
... S&P Global Ratings (hereinafter – the Agency) has revised the outlook on the
Bank's ratings from "Negative" to "Stable". At the same time the Bank's
long-term and short-term foreign and local currency issuer credit ratings were
affirmed at "ВВ+/В".
Simultaneously, the Agency affirmed the rating on Kazakhstan's national scale at
"kzAA-".
The outlook on the Bank's ratings was reviewed after the similar rating action
on sovereign ratings of Kazakhstan.
unquote
Full information is available on KASE website –
http://www.kase.kz/files/emitters/BRKZ/brkz_confirmation_rating_120917.pdf
[2017-09-14]