S&P is reviewing the ratings of 11 Kazakhstani banks according to renewed methodology of banks' ratings assignment
13.12.11 17:12
/IRBIS, December 13, 2011/ - Ratings Services Standard & Poor's
revised December 12 ratings of 11 domestic banks as a result of
applying updated methodology for assigning ratings to banks,
published November 9, 2011.
Below S & P gives the ratings of these banks, as well as changes
made as a result of the application of updated criteria. All ratings
placed on the list CreditWatch ("ratings on review") will be
reviewed within 90 days.
S & P will publish a brief justification of changes in ratings on each
bank, and the rating lists, placed at the end of the texts will include
ratings of affiliated companies and debt instruments (priority,
subordinated and junior subordinated), as well as preferred shares.
Brief justification of changes in ratings will be available at:
www.standardandpoors.com/AI4FI, as well as on RatingsDirect.
Ratings of special editions will be available on RatingsDirect and
on the website www.standardandpoors.com.
Rating list of Kazakhstani banks
From To
Alliance Bank JCS
Credit rating B-/Stable/C B-/Stable/C
National scale rating kzBB- kzBB-
Halyk Bank of Kazakhstan JCS (Halyk Bank)
Credit rating BB/Stable/B B+/Stable/B
SB "HSBC Bank Kazakhstan" JCS
Credit rating BBB/Stable/A-3 BBB/Stable/A-3
National scale rating kzAA+ kzAA+
AsiaCredit Bank JCS
Credit rating B/Negative/B B/Stable/B
National scale rating kzBB+ kzBB+
"Delta Bank" JCS
Credit rating B/Stable/B B/Stable/B
National scale rating kzBB+ kzBB+
Eurasian Bank JCS
Credit rating B+/Stable/B B/Stable/B
National scale rating kzBBB kzBB+
Nurbank JCS
Credit rating B/Watch Negative/C B/Stable/C
National scale rating kzBB+/Watch Negative kzBB+
KazInvestBank JCS
Credit rating B-/Negative/C B-/Negative/C
National scale rating kzBB- kzBB-
Kazkommertsbank JCS
Credit rating B+/Stable/B B/Stable/C
Temirbank JCS
Credit rating B/Stable/B B/Stable/B
National scale rating kzBB kzBB
Tsesnabank JCS
Credit rating B/Negative/C B/Stable/C
National scale rating kzBB kzBB+
[2011-12-13]