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Development Bank of Kazakhstan says S&P Global Ratings affirmed the bank's ratings; outlook changed to "Positive"
/KASE, August 28, 2025/ – Development Bank of Kazakhstan JSC (KASE ticker – BRKZ) reported the following:
quote
... rating agency Standard & Poor's raised the outlook on the Bank's credit ratings from "Stable" to "Positive" after a similar action on the sovereign ratings of the Republic of Kazakhstan.
At the same time, the Bank's long-term and short-term credit ratings in foreign and local currencies have been affirmed at "BBB-/A-3".
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[2025-08-28]