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30 August 2025, 04:41
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29.08.2025 11:32 #Corporate events

Bank CenterCredit says S&P Global Ratings affirmed the bank's credit ratings and upgraded national scale rating; outlook changed to "Positive"

/KASE, August 29, 2025/ – Bank CenterCredit JSC (KASE ticker – CCBN) reported the following:

quote

On August 28, 2025, the international rating agency S&P Global Ratings revised the outlook on the Bank's rating from "Stable" to "Positive", affirmed the Bank's long-term and short-term credit ratings at "BB/B" and upgraded the Bank's rating on the national scale from "kzA+" to "kzAA-".

The "Positive" outlook on the Bank's rating reflects a similar outlook on Kazakhstan's sovereign ratings and the agency's analysts expect the Bank to maintain its own creditworthiness characteristics at the current level.

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                                         Affirmation/ 
Rating name                      Rating  Revision Date
------------------------------- -------- -------------
Long-term issuer credit rating     BB     28.08.2025  
Short-term issuer credit rating    IN     28.08.2025  
Long-term national scale rating  kzAA-    28.08.2025  
Outlook                         Positive  28.08.2025  
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unquote

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[2025-08-29]