Development Bank of Kazakhstan recognized as safest bank in Kazakhstan according to Global Finance

15.10.21 19:21
/KASE, October 15, 2021/ – Development Bank of Kazakhstan (Nur-Sultan), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated October 15, 2021: quote The international financial magazine Global Finance has named the Safest Banks in 112 countries and territories for 2021 as part of its 30th annual ranking of the World’s Safest Banks. Development Bank of Kazakhstan JSC (DBK, a subsidiary of the “Baiterek” Holding) became the best in this nomination among the Kazakhstani financial institutions. According to Global Finance experts, winners were selected through an evaluation of long-term foreign currency ratings—from Moody’s, Standard & Poor’s and Fitch—of the 1000 largest banks worldwide. According to them, the past year demonstrates the resilience of the banking sector, which stood as a bulwark against collapse during the coronavirus pandemic, supplying critical emergency funding. unquote The full press release is available on – [2021-10-15]