Temirbank says agency Standard & Poor's upgraded bank ratings; outlook "Stable"

/KASE, December 22, 14/ – Temirbank JSC (Almaty, hereinafter – the Bank), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following: quote ...On December 16, 2014 rating agency Standard & Poor's upgraded the long-term and short-term credit ratings of the Bank from "В-/С" to "В/В" and rating on national scale from "kzBB-" to "kzBB". As of the current date ratings of the Bank assigned by Standard & Poor's are as follows: - Long-term credit rating: "В" - Short-term credit rating: "В" - Rating on national scale: "kzBB" - Outlook on rating change: "Stable" unquote [2014-12-22]