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.
---------------------------------------------------------------- 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 ----------------------------------------------------------------
unquote
This information is posted at – see more
[2025-09-11]