Moody's повысило рейтинги 4 банков Казахстана
30.05.06 16:39
/REUTERS, перевод Владимира Кузнецова, 30.05.06/ - Международное
рейтинговое агентство Moody's Investors Service повысило во вторник ряд
рейтингов четырех казахстанских банков после изменения методологии
присвоения "странового потолка" рейтингов выпускам облигаций в
иностранной валюте.
Ниже следует список изменения рейтингов.
БАНК РАЗВИТИЯ КАЗАХСТАНА
- Рейтинг эмитента в иностранной валюте повышен до "Ваа1" с "Ваа3",
прогноз изменен на "стабильный" с "пересмотр на возможное повышение";
- Рейтинг приоритетного необеспеченного долга в иностранной валюте
повышен до "Ваа1" с "Вaa2", прогноз изменен на "стабильный" с "позитивного".
КАЗКОММЕРЦБАНК
- Рейтинг приоритетного необеспеченного долга в иностранной валюте
повышен до "Baa1/P-2" с "Baa2/P-3", прогноз остался "стабильным";
- Рейтинг субординированного долга в иностранной валюте повышен до
"Baa2" с "Baa3", прогноз остался "стабильным".
БАНК ТУРАНАЛЕМ
- Рейтинг приоритетного необеспеченного долга в иностранной валюте
повышен до "Baa1" с "Baa2", прогноз остался "стабильным";
- Рейтинг субординированного долга в иностранной валюте подтвержден на
уровне "Baa2", прогноз остался "стабильным";
- Рейтинг неприоритетного субординированного долга в иностранной
валюте подтвержден на уровне "Baa3", прогноз остался "стабильным".
ХАЛЫК БАНК
- Рейтинг приоритетного необеспеченного долга в иностранной валюте
повышен до "Baa1" с "Baa2", прогноз остался "стабильным".
Ниже приводится оригинальный текст сообщения Moody's.
MOODY'S ANNOUNCES RATING IMPACT OF REVISED POLICY ON FOREIGN-CURRENCY
CEILINGS FOR FINANCIAL INSTITUTIONS IN KAZAKHSTAN
Moscow, May 30, 2006 - Moody's Investors Service published today the results
of an examination of financial institution ratings in Kazakhstan in light of
the revision of its rating methodology for assigning foreign currency country
bond ceilings.
In November 2005, Moody's published a Request for Comment, entitled
"Revised Policy with Respect to Country Ceilings". Based on supportive market
responses Moody's decided to revise its methodology for assigning foreign
currency country bond ceilings.
The revised methodology resulted in upgrades to the foreign currency bond
ceilings of a number of countries. The higher ceilings reflect Moody's view
that in many countries, even if the government were to default on its own
foreign currency debt, the probability of a foreign currency moratorium is
less than 100%. For a detailed discussion of Moody's new policy please refer
to Moody's Rating Methodology entitled "Revised Foreign-Currency Ceilings to
Better Reflect Reduced Risk of a Payments Moratorium in Wake of Government
Default", published on May 24, 2006.
Most of the foreign currency debt and foreign currency issuer ratings that are
now being upgraded were previously constrained at the old foreign currency
debt ceilings. This constraint reflected Moody's earlier view of the risk that
such obligations could be captured by a foreign currency payments moratorium
in the event the government defaulted on its own foreign currency debt.
Following the upgrades, a number of these ratings (those below the new foreign
currency debt ceiling of the issuer's or its parent bank's domicile) are no
longer constrained by this risk. Other ratings are being upgraded to the new
ceiling but remain constrained by the moratorium risk still reflected in
the revised ceilings.
Today's rating actions have no impact on any foreign currency deposit ratings.
The revision to Moody's methodology applies only to the foreign currency
ceiling for bonds and notes. Existing foreign currency country ceilings for
bank deposits are not affected. Moody's foreign currency bank deposit ceilings
will continue to be more directly related to government foreign currency bond
ratings, reflecting the risk that a freeze on foreign currency bank deposits
is more likely to be imposed in the event of a government bond default even in
the absence of a generalized foreign currency moratorium.
Below is a list of affected financial institutions in Kazakhstan including the
rating changes resulting from the application of the methodology. The parent
company is listed, with the rated entity in parentheses, the rated class of
debt, the change in the rating, and the rating outlook.
- Development Bank of Kazakhstan -
Issuer Rating (foreign currency) - upgraded to Baa1 from Baa3; Outlook
changed to Stable (STA) from Under Review for Upgrade (RUR)
Senior Unsecured Debt Rating (foreign currency) - upgraded to Baa1 from
Baa2; Outlook changed to STA from Positive (POS)
- Kazkommertsbank (Kazkommerts International B.V.) -
Senior Unsecured Debt Rating (foreign currency) - upgraded to Baa1/P-2 from
Baa2/P-3; Outlook remains STA
Subordinated Debt Rating (foreign currency) - upgraded to Baa2 from Baa3;
Outlook remains STA
- Bank TuranAlem (TuranAlem Finance B.V., BTA Finance Luxembourg S.A.) -
Senior Unsecured Debt Rating (foreign currency) - upgraded to Baa1 from
Baa2; Outlook remains STA
Subordinated Debt Rating (foreign currency) - affirmed at Baa2/STA
Junior Subordinated Debt Rating (foreign currency) - affirmed at Baa3/STA
- Halyk Savings Bank of Kazakhstan (HSBK (Europe) B.V.) -
Senior Unsecured Debt Rating (foreign currency) - upgraded to Baa1 from
Baa2; Outlook remains STA
London
Adel Satel
Managing Director
Financial Institutions Group
Moody's Investors Service Ltd.
JOURNALISTS: 44 20 7772 5456
SUBSCRIBERS: 44 20 7772 5454
Moscow
Andrey Naumenko
Vice President - Senior Analyst
Financial Institutions Group
Moody's Eastern Europe
Telephone: +7-495-771-7146
Facsimile: +7-495-937-8290
[2006-05-30]