EN
12 July 2025, 08:56
Go to old.kase.kz
English
Information/
Market and Company News
05.12.2019 11:32 #Corporate events

Bank RBK says Standard & Poor's affirmed ratings of the bank, outlook changed from "Stable" to "Positive"

/KASE, December 5, 2019/ – Bank RBK (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about the following:

quote

International rating agency S&P Global Ratings (hereinafter – S&P) affirmed credit ratings of Bank RBK at "В-/В". Outlook on ratings was improved from "Stable" to "Positive".

"We consider that the management team of Kazakhstan-based Bank RBK is showing consistent strategy implementation, gradually recovering earnings generation capacity, and stabilizing its asset quality. We believe that management's efforts could ultimately lead to sustainably better asset quality metrics than for most of the bank's domestic peers".

unquote

More details are available on KASE website: - see more

[2019-12-05]