/KASE, June 30, 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:

quote

... rating agency S&P Global Ratings (hereinafter – the Agency) has affirmed the Bank's credit rating on the international issuer scale at "ВВ+/В" and on the national issuer scale at "kzAA+".

Simultaneously, the rating of the senior unsecured debt of the Bank (ISIN: XS0220743776, XS0248160102, XS0860582435, XS1734574137, XS1814831563) was affirmed by the Agency at "ВВ+".

unquote

[2020-06-30]