Eurasian Bank says Moody's Ratings upgraded the bank's ratings; outlook "Stable"

18.09.24 10:48
/KASE, September 18, 2024/ – Eurasian Bank JSC (Almaty), whose bonds 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 upgraded the following ratings of the Bank: - the long-term rating of deposits in national and foreign currencies was raised from "Ba3" to "Ba2"; - the outlook has been changed from "Positive" to "Stable"; - the long-term counterparty risk rating in national and foreign currencies was raised from "Ba2" to "Ba1"; - the long-term counterparty risk assessment has been increased from "Ba2(cr)" to "Ba1(cr)"; - the baseline credit assessment was raised from "b1" to "ba3". The Bank's following ratings have also been affirmed: - short-term counterparty risk assessment has been affirmed at "NP(cr)"; - short-term counterparty risk rating has been affirmed at "NP"; - short-term deposit rating has been affirmed at "NP". unquote This information is available on – https://kase.kz/files/emitters/EUBN/eubn_relizs_170924_1.pdf [2024-09-18]