Kaspi Bank says S&P Global Ratings JSC upgraded the bank's ratings; outlook Stable

15.09.22 16:22
/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: quote 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. unquote The full version of the press release is posted on KASE website – https://kase.kz/files/emitters/CSBN/csbn_relizs_150922.pdf [2022-09-15]