/KASE, August 14, 20.18/ – Kazkommertsbank (Аlmaty, hereinafter – Bank), whose
securities are officially listed on Kazakhstan Stock Exchange (KASE), has
informed KASE as follows:
quote
On August 2, 2018, the rating agency Fitch revised the long-term credit rating
of the Bank from "BB-" to "BB". The outlook for the ratings has been revised
from "Stable" to "Positive". The rating agency also revised the rating from
"BB-" to "BB" for the following issued securities of the Bank: coupon bonds
(KZ2C00002863, KKGBb10; KZ2C00003069, KKGBb11), coupon international
bonds (XS0867573890, XS0867478124, BTASe16).
We also inform that the rating agencies Fitch and Standard & Poor's have
withdrawn the ratings of the Bank, due to the completion of the Bank's
accession to Halyk Savings Bank of Kazakhstan
unquote
More details are available on KASE website –
http://kase.kz/files/emitters/KKGB/kkgb_confirmation_rating_020818_8441.pdf
[2018-08-14]