ForteBank says Moody's Ratings affirmed the bank's ratings; outlook "Positive"

16.09.24 10:33
/KASE, September 16, 2024/ – ForteBank JSC (Astana), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about the following: quote On September 12, 2024, the international rating agency Moody's Investors Service announced its decision to affirm the Bank's long-term deposit rating at "Ba2", the ratings outlook is "Positive". Currently the Bank's ratings are as follows: - Long-term rating for deposits in local and foreign currencies "Ba2"; - Short-term deposit rating – "NP"; - Long-term counterparty risk rating "Ba1" (cr); - Short-term counterparty risk rating "NP" (cr); - Outlook: "Positive" *The outlook was changed on November 7, 2023. unquote This information is posted in Kazakh and Russian languages on – https://kase.kz/files/emitters/ASBN/asbn_rating_120924_37556.pdf [2024-09-16]