Fitch поставило рейтинги АО "Темiрбанк" (Казахстан) в список на пересмотр с возможностью повышения

/REUTERS, Лондон/Москва, 21.09.06, заголовок KASE/ - Международное рейтинговое агентство Fitch поставило рейтинги казахстанского Темирбанка в список на пересмотр с возможностью повышения, говорится в сообщении агентства. В список попали рейтинг дефолта эмитента "B-" и рейтинг поддержки "5". Одновременно, агентство подтвердило индивидуальный рейтинг банк "D/E" и краткосрочный "B". Эти действия Fitch объясняет улучшением позиций банка после того, как банк ТуранАлем объявил о намерении консолидировать 51 процент Темирбанка до конца года. Ниже приводится оригинальный текст сообщения агентства Fitch Ratings. Fitch puts Kazakhstan's Temirbank on Positive Watch Fitch Ratings-London/Moscow-21 September 2006: Fitch Ratings has today put Kazakhstan-based Temirbank's ("Temir") 'B-' (B minus) Issuer Default rating ("IDR") and '5' Support rating on Rating Watch Positive. At the same time, the agency has affirmed the bank's other ratings at Individual 'D/E' and Short-term B'. The Positive Watch reflects Fitch's view that there will be a greater probability of support being forthcoming for Temir, in case of need, after the consolidation of a 51% stake in Temir by Bank TuranAlem ("BTA"), rated foreign currency IDR BB+'. Following the consolidation, which was announced recently and is scheduled to be completed by end-2006, Temir's IDR will likely be upgraded to B+' or 'BB-' (BB minus). The level of Temir's IDR, following the consolidation, will depend, among other things, on the IDR and stand-alone financial strength of BTA at that time, the degree of transparency of the full shareholder structures of both banks and Fitch's view of the Kazakhstani regulator's willingness to allow any support made available by the Kazakhstani authorities to BTA to flow through to Temir. BTA's own IDR is driven by the moderate probability of support being made available by the Kazakhstani authorities in case of need. Fitch also notes the recent improvements in Temir's stand-alone financial position, including better performance, reduced customer concentration levels on both sides of the balance sheet and enhanced funding diversification. Continuation of these trends and maintenance of adequate capitalisation and sound asset quality would be likely to lead to an upgrade of Temir's Individual rating in the short- to medium-term. The current ratings of Temir reflect its adequate capitalisation, decreased concentration levels on both sides of its balance sheet, limited market risks and sound asset quality to date. However, they also consider the high credit and operational risks of Temir's new strategy, its still small, albeit rapidly growing, size and franchise and modest core profitability, as well as certain weaknesses in the operating environment. Temir is one of the 10 largest banks in Kazakhstan, but held a small 2% of the system's assets at end-H106. In 2005, Temir's owners changed the bank's senior management and refocused its strategy towards aggressive growth in retail lending, in particular mortgages, home equity and car loans. Experienced local managers have been hired to implement this strategy; however, more time will be needed to demonstrate Temir's risk management and operational capacities in this new area. Contact: Alexei Kechko, Dmitri Angarov, James Watson, Moscow, +7 495 956 9901. Media Relations Alla Izmailova, Moscow, Tel: +7 495 956 9903; Jon Laycock, London, Tel: +44 20 7417 4327. [2006-09-21]