Moody's повысило рейтинг финансовой устойчивости Халык банка

/REUTERS, перевод Владимира Кузнецова, 31.08.06/ - Международное рейтинговое агентство Moody's Investors Service повысило в четверг рейтинг финансовой устойчивости казахстанского Халык банка до уровня "D" с "D-". После повышения прогноз рейтинга был изменен на стабильный с позитивного, говорится в сообщении Moody's. Долгосрочный рейтинг по депозитам был подтвержден на уровне "Ва1", краткосрочный - на уровне "Not Prime". Ниже приводится оригинальный текст сообщения агентства Moody's Investors Service. MOODY'S UPGRADES HALYK BANK'S FSR TO D Moscow, August 31, 2006 - Moody's Investors Service has upgraded the Financial Strength Rating (FSR) of Halyk Bank (Kazakhstan) to D from D-. Following the upgrade, the outlook on the FSR has been changed to stable from positive. The bank's other ratings have been affirmed with a stable outlook, including Ba1/NP long-term and short-term deposit ratings as well as a Baa1 long-term rating for senior unsecured debt issued under foreign law by Halyk Bank either directly or through its subsidiary special-purpose vehicle HSBC (Europe) B.V. The FSR upgrade reflects Halyk Bank's three-year track record of strong financial performance under IFRS during which the bank has proved its ability to maintain solid interest margins through expanding into retail and SME lending while generating reliable non-interest income and improving operating efficiency. It also takes into account the bank's well developed domestic franchise as well as its relatively conservative funding profile which stems from the fact that it has only relatively low reliance on foreign borrowings while maintaining solid levels of capitalisation. Moody's views positively the bank's strategy of building up a client- oriented financial group that provides a full range of financial services and also welcomes the bank's intention to conduct an IPO in 2007 and to attract a reputable strategic partner for the group, which should have positive implications for internal processes and corporate governance. However, the FSR remains constrained by the overall risk profile of the Kazakh banking system which has grown very rapidly on the back of the country's GDP growth but remains prone to emerging market risks. Headquartered in Almaty, Kazakhstan, Halyk Bank reported total consolidated assets of KZT559.7 billion (US$4.2 billion) and total shareholders' equity of KZT64.4 billion (US$481 million) as at 31 December 2005. Upgrades: ..Issuer: Halyk Savings Bank of Kazakhstan ....Bank Financial Strength Rating, Upgraded to D from D- Assignments: ..Issuer: Halyk Savings Bank of Kazakhstan ....Deposit Rating, Assigned P-2 ....Senior Unsecured Deposit Rating, Assigned Baa2 Outlook Actions: ..Issuer: Halyk Savings Bank of Kazakhstan ....Outlook, Changed To Stable From Positive(m) 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 [2006-08-31]