ForteLeasing says Fitch Ratings affirmed ratings of the company; outlook "Stable"

02.08.23 16:25
/KASE, August 2, 2023/ – ForteLeasing, whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about the following: quote The international rating agency Fitch Ratings LTD affirmed the rating of ForteLeasing JSC at "BB-" with a "Stable" outlook and the national long-term rating at "A-(kaz)". This affirmation testifies to the stability and reliability of the company in the market of leasing services in Kazakhstan. Fitch Ratings has affirmed ForteLeasing JSC's long-term issuer default ratings in foreign and local currency at "BB-" and the national long-term rating at "A-(kaz)". The rating outlook remains "Stable". Fitch also affirmed its shareholder support rating at "BB-". unquote The full version of the press release in Kazakh and Russian is available at https://kase.kz/files/emitters/TMLZ/tmlz_rating_260723_911.pdf [2023-08-02]