/KASE, April 20, 2022/ – Subsidiary Bank Alfa-Bank JSC (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about the following:

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On April 13, 2022, the rating agency S&P Global Ratings revoked all previously assigned ratings of SB Alfa-Bank JSC, including the following:

• long-term issuer credit rating "B";
• short-term issuer credit rating "B";
• rating on the national scale "kzВВ+".

The ratings were revoked due to the full US and UK blocking sanctions imposed in March and April 2022 on Alfa-Bank and its subsidiaries, including SB Alfa-Bank JSC.

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[2022-04-20]