Development Bank of Kazakhstan say agency Fitch Ratings upgraded the bank's ratings; outlook "Stable"

11.03.21 13:10
/KASE, March 11, 2021/ – 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 ... the rating agency Fitch Ratings (hereinafter – the Agency) has raised the Bank's long-term credit ratings of the issuer in foreign and national currencies from "BBB-/ Stable" to "BBB/stable". At the same time, the long-term ratings of the senior unsecured debt obligations (ISIN: XS0220743776, XS0248160102, XS0860582435, XS1734574137, XS1814831563) of the Bank were confirmed by the Agency at "BBB". unquote [2021-03-11]