/KASE, September 16, 2024/ – Bank CenterCredit JSC (Almaty), 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 affirmed the
long-term and short-term deposit ratings of BCC at Ba1, and also changed the
long-term deposit rating of BCC on the national scale from A1.kz to A3.kz and
maintained a positive outlook on the long-term deposit ratings.
The affirmation of BCC's long-term deposit rating at Ba1 and baseline credit
assessment at ba3 reflects its strong capitalization, sufficient liquidity and
good profitability, taking into account the risks on assets associated with its
rapid growth in the past. The positive outlook on the long-term ratings
reflects expectations that an improved operating environment will allow BCC to
maintain asset quality, liquidity and profitability, and to increase
capitalization.
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Affirmation/
Rating name Rating Revision date
-------------------------------- -------- -------------
Long-term issuer deposit rating Ва1 12.09.2024
-------------------------------- -------- -------------
Short-term issuer deposit rating NР 12.09.2024
-------------------------------- -------- -------------
Long-term deposit rating А3.kz 12.09.2024
on the national scale
-------------------------------- -------- -------------
Outlook Positive 12.09.2024
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unquote
This information is posted on –
https://kase.kz/files/emitters/CCBN/ccbn_rating_120924_77789.pdf
[2024-09-16]