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Safe-Lombard says Fitch Ratings affirmed long-term issuer default rating at "B-"; outlook "Stable"
/KASE, August 24, 2023/ – Safe-Lombard LLP (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about the following:
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On 17 August 2023, Fitch Ratings affirmed the long-term issuer default rating (IDR) the Company, Kazakhstan, at "B-" with a "Stable" outlook.
In addition, Fitch has upgraded the Company's national long-term rating from "В+(kaz)" to "BB-(kaz)" and assigned a "Stable" outlook on the rating.
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[2023-08-24]