Subsidiary Bank Sberbank of Russia says Fitch Ratings affirmed ratings of bank and bonds, outlook Positive

12.10.17 17:19
/KASE, October 12, 2017/ – Subsidiary Bank Sberbank of Russia (Almaty, hereinafter – the Bank), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about ratings of the bank and its bonds, assigned by international rating agency Fitch Ratings, as of September 28, 2017: quote Long-term IDR in foreign and national currency was affirmed at "BB+", outlook was improved from "stable" to "positive"; short-term IDR in foreign currency was affirmed at "B"; national rating was affirmed at "AA-(kaz)", outlook was improved from "stable" to "positive"; stability rating "b+"; support rating was affirmed at "3". The rating of subordinated bonds of the First (NIN KZP01Y07C178) and Second (NIN KZP02Y09C172) issues of the First bond program, First issue of the Second bond program (NIN KZP01Y07E018) was affirmed at "ВВ", the outlook was improved from "stable" to "positive". The rating of bonds of the Second (NIN KZP02Y05E010) and Fourth (NIN KZP04Y07E012) issues of the Second bond program was affirmed at "ВВ+"; the outlook was improved from "stable" to "positive". unquote Details are available on KASE website – http://www.kase.kz/files/emitters/SBER/sber_confirmation_rating_280917.pdf [2017-10-12]