Fitch has given ratings to Development Bank of Kazakhstan

/REUTERS, London, August 22, 02/ -International rating agency Fitch has given the State Development Bank of Kazakhstan long-term rating "ВВ-", short-term - "В" and support rating on the level "4Т", says the agency's message. Forecast of the dynamics of the bank's long-term rating is positive. Development Bank of Kazakhstan was founded about one year ago for financing of mid- and long-term projects in the country's economics. In the Autumn the bank intends to come to eurobonds market. Kazakhstan sovereign rating on long-term loans in currency since the beginning of 2002 is on the level "ВВ" by Fitch methodology. [2002-08-22]