Tsesnabank announces that Standard & Poor's upgraded rating of the bank and its bonds at the national scale to "kzBBB"

13.07.18 10:08
/KASE, July 13, 2018/ – Tsesnabank (Аstana), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE of the following: Quote On July 11, 2018 rating agency S & P Global Ratings increased the credit rating of the issuer Tsesnabank according to the Kazakhstan national scale from "kzBBB-" to "kzBBB". The rating of bonds NIN KZP12Y10E084, KZP17Y05E083 on the national scale is upgraded from "kzBBB-" to "kzBBB". Thus, as of July 11, 2018. Tsesnabank has the following ratings of S&P Global Ratings: "В + / Negative / В", national scale rating: "kzBBB"; the above bonds have a "B +" rating, the national scale rating is "kzBBB". Unquote Detailed information is available on KASE website (in Russian) – http://kase.kz/files/emitters/TSBN/tsbn_change_rating_110718_13927.pdf [2018-07-13]