/KASE, February 27, 2019/ – ATFBank (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE as follows:

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S&P affirmed short-term rating of AFTBank (hereinafter, the Bank) at "В" and upgraded outlook of the Bank to Stable.

Also, S&P revised long-term issuer rating at "В-" for issuance of long-term bonds.

S&P maintained base level of rating at b+ but it considers that the government’s hypothetical readiness to providing support to private banks may decrease in future.

S&P analysts have revised long-term rating largerly due to overall situation in Kazakhstan’s financial market also including the exit of a number of players from the market and sale of large systematically important banks.

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Detailed information is available on KASE website (in Russian) at – see more

[2019-02-27]