Bereke Bank says rating agency ACRA assigns to the bank's rating the status "Rating under review – developing"

04.03.24 17:20
/KASE, March 4, 2024/ – Bereke Bank JSC (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about the following: quote On March 1, 2024, the Analytical Credit Rating Agency (ACRA) assigned the Bank's credit rating on the international scale "BB+" the status "Rating under review – developing". The rating action follows an announcement by Qatar's Lesha Bank LLC that it has entered into a preliminary agreement with National managing holding "Baiterek" JSC on potential acquisition of the Bank. unquote This information is available on – https://kase.kz/files/emitters/BERK/berk_rating_010324_.pdf [2024-03-04]