AsiaCredit Bank (Kazakhstan) informed Standard & Poor's downgraded the bank ratings

/KASE, June 13, 13/ – AsiaCredit Bank (Almaty), bonds of which are officially listed on Kazakhstan Stock Exchange (KASE), informed KASE by the official letter that "Standard & Poor's changed the bank long-term and short-term rating from "В/В" to "В-/С" and the national sscale rating from "kzBB+" to "kzBB-", outlook "Stable". [2013-06-13]