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16.09.2024 14:37 #Corporate events

"Otbasy bank" house construction savings bank says Moody's Ratings upgraded the bank's long-term ratings and assessments, outlook "Stable"

/KASE, September 16, 2024/ – "Otbasy bank" house construction savings bank JSC (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about the following:

quote

On September 12, 2024, Moody's Investors Service upgraded the Bank's long- term ratings and assessments. Short-term ratings and assessments were affirmed. The rating outlook is Stable.

---------------------------------------------------------
Long-term rating for deposits             Ваа1   outlook 
in national currency                             "Stable"
--------------------------------------- -------- --------
Long-term counterparty risk rating        Ваа1           
in local currency                                        
--------------------------------------- -------- --------
Short-term rating for deposits            Р-2            
in national currency                                     
--------------------------------------- -------- --------
Short-term counterparty risk rating       Р-2            
in local currency                                        
--------------------------------------- -------- --------
Long-term counterparty risk assessment  Baa1(cr)         
--------------------------------------- -------- --------
Short-term counterparty risk assessment P-2 (cr)         
--------------------------------------- -------- --------
Baseline credit assessment                bа1            
--------------------------------------- -------- --------
Adjusted Baseline credit assessment       bа1            
---------------------------------------------------------

unquote

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[2024-09-16]