Qazaq Banki says that Standard & Poor's has lowered and has withdrawn bank’s ratings at its request

/KASE, April 25, 2018/ – Qazaq Banki (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided the following press release to KASE: quote On April 24, 2018, S&P Global Ratings has changed long-term and short-term ratings from "ССС+/С" to "ССС-/С", and also its national scale rating from "kzB-" to "kzCCC-" and placed the issuer’s long-term rating on CreditWatch negative. unquote [2018-04-25]