Development Bank of Kazakhstan says Fitch Ratings affirmed ratings of the bank and bonds, outlook Stable
/KASE, March 26, 2020/ – Development Bank of Kazakhstan (Nur-Sultan,
hereinafter – the Bank), whose bonds are officially listed on Kazakhstan Stock
Exchange (KASE), has informed KASE about the following:
... Fitch Ratings (Agency) has affirmed the Bank's long-term issuer credit
ratings in foreign and local currencies at "ВВВ-/Stable".
At the same time, the long-term ratings of senior unsecured debt obligations
(ISIN: XS0220743776, XS0248160102, XS0860582435, XS1734574137, XS1814831563) of
the Bank were affirmed by the Agency at "BBB-".