/KASE, March 4, 2019/ – Eurasian Bank (Almaty, hereinafter, the Bank), whose
securities are officially listed on Kazakhstan Stock Exchange (KASE), has
informed KASE as follows:
quote
... the Bank’s rating assigned by S&P Global Ratings on February 25, 2019.
Long-term issuer rating was lowered to 'B-', outlook Stable. Short-term issuer
rating was affirmed at 'В', outlook Stable. Kazakhstan national scale rating was
lowered to 'kzBB' from 'kzBB+'.
Rating of subordinated bonds of the Fifth (NIN KZP05Y11D252), of the Sixth (NIN
KZP06Y10D252) and of the Seventh (NIN KZP07Y10D250) issues of the Second bond
programme was lowered from 'ССС+' to 'ССС'.
National scale rating of subordinated bonds of the Fifth (NIN KZP05Y11D252), of
the Sixth (NIN KZP06Y10D252) and of the Seventh (NIN KZP07Y10D250) issues of the
Second bond programme was lowered from 'kzBB-' to 'kzB+'.
unquote
Detailed information is available on KASE website (in Russian) at –
http://kase.kz/files/emitters/EUBN/eubn_change_rating_250219_2110.pdf
[2019-03-04]