Halyk Finance, subsidiary of Halyk Savings Bank of Kazakhstan, says Fitch Ratings put company's long-term issuer default ratings on Rating Watch "Negative"

/KASE, March 14, 2017/ – Halyk Finance, subsidiary of Halyk Savings Bank of Kazakhstan (Almaty), the managing company of an interval units investment trust, has informed Kazakhstan Stock Exchange (KASE) that "the international rating agency Fitch Ratings put the issuer default ratings (IDR) in foreign and national currencies earlier assigned to Halyk Finance at "BB" on Rating Watch "Negative". The short-term IDRs in foreign and national currencies were affirmed at "B". The support rating "3" was put on Rating Watch "Negative". Details are available on KASE website – http://www.kase.kz/files/emitters/HFIN/hfin_rating_090317.pdf [2017-03-14]