/KASE, July 15, 2024/ – Bank CenterCredit JSC (Almaty), whose securities are
officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE
about the following:
quote
On July 12, 2024, the international rating agency Moody's Investors Service
upgraded the long-term deposit ratings of Bank CenterCredit by one notch, to
Ba1 from Ba2, and also increased the long-term rating of bank deposits of BCC
on the national scale from A3.kz to A1.kz and retained the positive outlook on
long-term deposit ratings.
The rating upgrade reflects the bank's improved financial performance, which has
benefited from an improved operating environment in recent years, which has
allowed improving asset quality and profitability.
...
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Rating name Rating Affirmed /
revised on
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Issuer's long-term credit rating Ва1 12.07.2024
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Issuer's short-term credit rating NР 12.07.2024
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Long-term rating on the А1.kz 12.07.2024
national scale
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Outlook Positive 12.07.2024
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unquote
This information is available on –
https://kase.kz/files/emitters/CCBN/ccbn_rating_120724_56910.pdf
[2024-07-15]