Subsidiary Bank "Home Credit and Finance Bank" says Fitch Ratings upgraded the bank's ratings; outlook "Stable"

30.09.21 17:43
/KASE, September 30, 2021/ – Subsidiary Bank "Home Credit and Finance Bank" (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about the following: quote As of September 29, 2021, the Fitch Rating Agency has upgraded and affirmed the following credit ratings of the Bank: Long-term Issuer Default Rating (hereinafter – IDR) has been upgraded to "BB-" with a "Stable" outlook. Short-term IDR was affirmed at "B". Long-term IDR in local currency was upgraded to "BB-", outlook "Stable". The national long-term rating has been raised at the level of "A-(kaz)", outlook "Stable". Support rating was upgraded to "3". unquote [2021-09-30]