/KASE, December 6, 2019/ – Subsidiary Bank Sberbank of Russia (Almaty), whose
bonds are officially listed on Kazakhstan Stock Exchange (KASE), has informed
KASE about ratings of the bank and its bonds assigned by international rating
agency Fitch Ratings, as of December 3, 2019:
quote
Long-term IDR in foreign and national currency was affirmed at "BBВ-", outlook
"stable"; short-term IDR in foreign currency was affirmed at "F3"; national
rating was affirmed at "AA+(kaz)", outlook "stable"; stability rating was
upgraded from "b+" to "bb-"; support rating was affirmed at "2"; senior
unsecured debt: ratings were affirmed at "ВВВ-"/"AA+(kaz)"; subordinated debt:
ratings were affirmed at "ВВ+"/"AА(kaz)".
The rating of subordinated bonds of the Second (NIN KZP02Y09C172) issue of
the First bond program was affirmed at "BB"; outlook "positive".
The rating of bonds of the Fourth (NIN KZP04Y07E012) issue of the Second
bond program was affirmed at "BВ+"; outlook "positive".
unquote
More details are available on KASE website–
https://kase.kz/files/emitters/SBER/sber_confirmation_rating_031219_8537.pdf
[2019-12-06]