/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 –
https://kase.kz/files/emitters/BRKZ/brkz_reliz_151021_1.pdf
[2021-10-15]