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Kaspi Bank says S&P Global Ratings JSC upgraded the bank's ratings; outlook Stable
/KASE, September 15, 2022/ – Kaspi Bank JSC (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following a press release stating:
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On September 14, 2022, the international rating agency S&P Global Ratings upgraded the ratings of Kaspi Bank JSC to "BB" from "BB-" and to "kzA+" from "kzA". The rating outlook is "Stable".
The agency noted that Kaspi Bank's rating reflects a proven strategy and strong market position in the segment of business lending, consumer loans and payments.
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The full version of the press release is posted on KASE website – see more
[2022-09-15]