Fitch присвоило рейтинги Евразийскому банку (Казахстан)
12.07.06 20:22
/REUTERS, перевод Владимира Кузнецова, 12.07.06/ - Международное
рейтинговое агентство Fitch Ratings присвоило в среду казахстанскому
Евразийском банку рейтинг дефолта эмитента на уровне "B-" со
стабильным прогнозом, а также краткосрочный рейтинг "B", поддержки "5" и
индивидуальный "D/E".
Банк принадлежит трем бизнесменам, основной бизнес которых включает в
себя металлургию, добычу полезных ископаемых и энергетику.
По итогам первого полугодия Евразийский занимал девятое место в
рейтинге банков Казахстана с 2,3-процентной долей от совокупного
размера активов сектора.
Ниже приводится оригинальный текст сообщения Fitch.
FITCH RATES KAZAKHSTAN'S EURASIAN BANK 'B-'
Fitch Ratings-London/Moscow-12 July 2006: Fitch Ratings has today assigned
Kazakhstan-based Eurasian Bank ('Eurasian') ratings of Issuer Default 'B-' with
Stable Outlook, Short-term 'B', Support '5' and Individual 'D/E'.
The IDR, Short-term and Individual ratings reflect Eurasian's to date limited
franchise, the high, albeit declining, concentration levels on both sides of
the balance sheet; substantial related-party exposure; and certain weaknesses
in the operating environment. However, they also consider the bank's growing
retail business franchise, which is driving balance sheet diversification, and
adequate asset quality to date.
Further expansion of the bank's scale and franchise, driving a decline in
concentration levels and related-party exposure as well as diversification of
the funding base, could be positive for Eurasian's ratings. Downside pressure
could be triggered by asset quality problems arising from the rapid growth of
retail lending, where the bank has limited track-record.
The bank is owned by three business partners, whose major other assets
include metals, mining and energy-producing enterprises which form the well-
established Eurasian Industrial Association ('EIA'). In 2005 the companies of
the EIA group jointly contributed up to 5% to national GDP. At end-June 2006,
Eurasian was the ninth-largest commercial bank in Kazakhstan, with 2.3% of
banking system assets. The bank started to develop its retail franchise
in 2005.
Contact:
Dmitri Angarov, Alexei Kechko,
Moscow, Tel: +7 495 956 9901.
Media Relations:
Alla Izmailova,
Moscow, Tel: +7 495 956 9903.
[2006-07-12]