First Heartland Jýsan Bank says Standard & Poor's affirmed long-term and short-term ratings of the bank at "B-/B" and upgraded rating on national scale from "kzBB-" to "kzBB", outlook changed from "Stable" to "Positive"

14.08.19, 12:14
/KASE, August 14, 2019/ – First Heartland Jýsan Bank (Nur-Sultan), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about the following: quote On 12.08.2019 rating agency S&P Global Ratings changed the outlook on ratings of First Heartland Jýsan Bank from "Stable" to "Positive" and affirmed the long-term and short-term ratings in foreign and national currencies at "B-/В". The rating on national scale was upgraded from "kzBB-" to "kzBB". The rating of bonds ISIN KZ2C00002103 was affirmed at "B-" on the international scale and upgraded from "kzBB-" to "kzBB" on the national scale. Thus, as of 12.08.2019 First Heartland Jýsan Bank JSC had the following ratings from S&P Global Ratings: - credit rating "B-/Positive/B"; - rating on national scale "kzBB". Bonds ISIN KZ2C00002103 have rating "B-", rating on national scale: "kzBB". unquote Further details are available on KASE website – http://kase.kz/files/emitters/TSBN/tsbn_confirmation_rating_120819_12881.pdf [2019-08-14]