KZ
RU
EN
8 September 2026, 04:51
KZ
RU
EN
Login
07.09.2026 14:14 #Corporate events

Bank CenterCredit JSC says S&P Global Ratings upgraded the bank's long-term credit rating; outlook "Positive"

/KASE, September 7, 2026/ – Bank CenterCredit JSC (KASE ticker – CCBN) reported the following:

quote

On September 4, 2026, the international rating agency S&P Global Ratings upgraded the Bank's long-term credit rating from "BB" to "BB+", affirmed the Bank's short-term rating at "B", and upgraded the national scale rating from "kzAА-" to "kzAA+". The outlook on the Bank's rating remains "Positive". The agency highlighted the stable asset quality of the Bank: the share of non- performing loans remains low and stable, comparable to the sector average, and provisions cover a significant portion of potential losses.

The positive outlook reflects the agency's expectation that slowing inflation and lower base rate against the backdrop of steady economic growth will contribute to a further reduction in the risks of Kazakhstan's banking sector.

-------------------------------------------------------------
                                                Affirmation/
Rating name                             Rating  Revision Date
-------------------------------------- -------- -------------
Long-term issuer credit rating           BB+     04.09.2026
Short-term issuer credit rating           IN     04.09.2026
Long-term rating on the national scale  kzAA +   04.09.2026
Outlook                                Positive  04.09.2026
-------------------------------------------------------------

unquote

This information is posted at – see more

[2026-09-07]