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12 September 2025, 08:03
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11.09.2025 12:16 #Corporate events

Bank CenterCredit says Moody's Ratings upgraded the bank's ratings; outlook "Stable"

/KASE, September 11, 2025/ – Bank CenterCredit JSC (KASE ticker – CCBN) reported the following:

quote

On September 10, 2025, the international rating agency Moody's upgraded the Bank's long-term deposit ratings from Ba 1 to Baa3, upgraded the long-term rating of bank deposits on the national scale from A3.kz to A1.kz. The outlook on the Bank's long-term deposit ratings was changed from "positive" to "stable".

The rating upgrade reflects the Bank's improved asset quality, profitability and solvency, supported by a favourable operating environment. The stable outlook on the long-term deposit ratings reflects expectations that the Bank will effectively manage credit risks arising from its previous rapid growth and maintain key credit metrics, including profitability, asset quality, capitalisation and liquidity, at a stable level.

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                                                   Affirmation/ 
Rating name                                Rating  revision date
------------------------------------------ ------- -------------
Long-term issuer deposit rating             Ваа3    10.09.2025  
------------------------------------------ ------- -------------
Short-term issuer deposit rating           Рrime-3  10.09.2025  
------------------------------------------ ------- -------------
Long-term deposit rating on national scale  А1.kz   10.09.2025  
------------------------------------------ ------- -------------
Outlook                                    Stable   10.09.2025  
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unquote

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[2025-09-11]