Nurbank says Standard & Poor's affirmed ratings of the bank

14.08.19, 15:32
/KASE, August 14, 2019/ – Nurbank (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release of August 13, 2019: quote International rating agency "Standard & Poor's" affirmed the long-term and short-term credit ratings of "Nurbank" JSC at "B-/В". Affirmation of ratings is caused by plans of the bank related to receiving external support that is going to strengthen the Bank's competitive position and open perspectives of development of new lines of business, will allow an improvement of the portfolio's quality. unquote The full press release is available on KASE website – http://kase.kz/files/emitters/NRBN/nrbn_reliz_130819_1.pdf [2019-08-14]