Bereke Bank says Fitch Ratings affirmed the bank's ratings; outlook "Negative"

31.05.24 09:10
/KASE, May 31, 2024/ – Bereke Bank JSC (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about the following: quote On May 29, 2024 rating agency Fitch Ratings maintained the Bank's long-term issuer default ratings in foreign and national currencies at "BB", monitoring of the rating continues (Rating Watch "Negative"). At the same time, the Bank's sustainability rating was upgraded from "b" to "b+". Ratings: - long-term issuer default rating in foreign and national currencies – "BB", Rating Watch "Negative"; - short-term foreign currency issuer default rating – "B"; - sustainability rating – "b+"; - national long-term rating – "A+(kaz)". unquote This information is available on – https://kase.kz/files/emitters/BERK/berk_rating_290524_2757.pdf [2024-05-31]