Subsidiary Bank Alfa-Bank says agency Fitch Ratings affirmed the bank's ratings; outlook Negative

/KASE, April 10, 2020/ – Subsidiary Bank Alfa-Bank (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE as follows: quote SB Alfa-Bank says that rating agency Fitch Ratings changed outlook on SB Alfa- Bank’s rating from Stable to Negative and affirmed ratings: The long-term IDR was affirmed at "ВB-" with "Negative" outlook". The short-term IDR was affirmed at "В". The long-term IDR in national currency was affirmed at "BB-" with "Negative" outlook. The national long-term rating was affirmed at "BBB+(kaz)" with " Negative" outlook". The affirmation date is April 8, 2020. unquote [2020-04-10]