/KASE, July 24, 2026/ – ForteBank JSC (KASE ticker – ASBN) reported the following:

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The international rating agency Moody's Ratings has upgraded ForteBank's long- term deposit ratings in national and foreign currencies from Ba2 to Ba1, and also improved the bank's baseline credit assessment (BCA) from ba3 to ba2, with Stable outlook.

Moody's decision reflects ForteBank's strengthening financial stability and the bank's ability to maintain credit metrics while implementing the strategically important acquisition of Home Credit Bank.

Moody's report also notes ForteBank's successful management of risks associated with integration of the acquired Home Credit Bank, as well as the Bank's increased business diversification through expansion of its retail business and increase of its client base.

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Full version of the press release in Kazakh, Russian and English is available at see more

[2026-07-24]