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03.11.2023 16:38 #Corporate events

First Heartland Jusan Bank says Moody's Investors Service upgraded the bank's ratings; outlook "Positive"

/KASE, November 3, 2023/ – First Heartland Jusan Bank JSC (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about the following:

quote

On 01.11.2023, the rating agency Moody's Investors Service (Moody's) upgraded the Bank's long-term ratings for deposits in foreign and national currencies to Ba3, as well as the baseline credit assessment (BCA) and adjusted BCA to b2. The outlook on long-term ratings was retained at Positive. The bank's short-term ratings have been affirmed. At the same time, Moody's upgraded the ratings on the national rating scale (NSR): long-term deposit rating to Baa2.kz and long- term counterparty risk rating (CRR) to A3.kz.

Thus, as of November 1, 2023, the Bank has the following ratings on Moody's scale:

  • deposit rating "Ba3/Positive/NP";
  • deposit rating on the national scale "Baa2.kz".

unquote

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[2023-11-03]