/KASE, July 25, 2024/ – Bank CenterCredit JSC (Almaty, hereinafter – the
Bank), whose securities are officially listed on Kazakhstan Stock Exchange
(KASE), has informed KASE as follows:
quote
On July 23, 2024 international rating agency S&P Global Ratings affirmed the
Bank's long-term and short-term credit ratings "BB-/B", affirmed the Bank's
rating on national scale at "kzA" and maintained a positive outlook on the
Bank's ratings.
The Agency's analysts expect an improvement in the Bank's capitalization
indicators due to good financial results supported by profitable growth of the
loan portfolio, further improvement in asset quality and capitalization of a
significant part of net profit.
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Rating name Rating Date of affirmation/
revision
----------------------------------- -------- --------------------
Long-term issuer credit rating BB- 23.07.2024
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Short-term issuer credit rating В 23.07.2024
----------------------------------- -------- --------------------
Long-term rating on national scale kzA 23.07.2024
----------------------------------- -------- --------------------
Outlook Positive 23.07.2024
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unquote
This information is available on –
https://kase.kz/files/emitters/CCBN/ccbn_rating_230724_59804.pdf
[2024-07-25]