Moody's может повысить рейтинги АО "Темiрбанк" (Казахстан)

/REUTERS, заголовок KASE, 28.09.06/ - Международное рейтинговое агентство Moody's Investors Service включило в четверг долгосрочный рейтинг казахстанского Темирбанка "В1" в список на возможное повышение. Повышение также может коснуться рейтинга "В1", присвоенного приоритетным необеспеченным нотам Темирбанка. Рейтинг финансовой устойчивости "Е+" и краткосрочный рейтинг "Not Prime" не включены в список на пересмотр. Изменение прогноза по рейтингу связано с вероятностью покупки банком ТуранАлем контроля в Темирбанке в четвертом квартале 2006 года. Ниже приводится оригинальный текст сообщения Moody's Investor Service. MOODY'S REVIEWS TEMIRBANK'S B1 RATINGS FOR POSSIBLE UPGRADE Moscow, September 28, 2006 - Moody's Investors Service has placed the B1 long-term deposit rating of Temirbank (Kazakhstan) on review for possible upgrade. The review also affects the B1 debt rating for senior notes issued by Temir Capital B.V., which are guaranteed by Temirbank. Temirbank's E+ financial strength rating (FSR) and its Not Prime short-term deposit rating have been affirmed with a stable outlook. Moody's notes that the rating action reflects the high likelihood that Bank TuranAlem (BTA, rated Ba1/NP/D- for bank deposits/FSR and Baa1 for senior debt) will acquire a controlling stake in Temirbank during the final quarter of 2006. BTA has recently announced its new strategy of acquiring controlling stakes in its partner banks, a project that will be supported by its shareholders in the form of an external capital contribution of US$400 million. The acquisition remains subject to regulatory approval and also needs to be formally sealed by shareholders' meetings of both banks. Moody's rating review will focus on the likelihood that BTA and Temirbank will be regarded by the Kazakh financial authorities as a single banking group that is too important to fail. It will also focus on the ability and willingness of BTA to provide support to Temirbank in the event of need, which would be the key driver of a possible rating upgrade. Given that BTA is much larger than Temirbank in terms of assets and equity, BTA's ratings have not been affected by the announcement of the upcoming acquisition. Following the acquisition Temirbank will remain a separate legal entity and is planning to continue borrowing from the international markets in its own name. Its current strategy is focused on rapid expansion in domestic retail banking, with the share of retail loans at a high 60% of gross loans as at end-June 2006. Given that Temirbank has been a partner bank of BTA for a number of years, Moody's does not expect this strategy to undergo significant changes going forward. Headquartered in Almaty, Kazakhstan, Temirbank reported audited consolidated total assets of KZT108 billion (US$913 million) and total equity of KZT12 billion (US$98 million) under IFRS as at 30 June 2006. Bank TuranAlem reported unaudited total consolidated assets of KZT1.198 trillion (US$10.1 billion) and total shareholders' equity of KZT118 billion (US$995 million) under IFRS as at 30 June 2006. As at 1 June 2006, TuranAlem ranked as the second largest bank in Kazakhstan by assets and the largest bank in terms of equity. On Review for Possible Upgrade: Issuer: Temir Capital B.V. Senior Unsecured Regular Bond/Debenture, Placed on Review for Possible Upgrade, currently B1 Issuer: Temirbank Senior Unsecured Deposit Rating, Placed on Review for Possible Upgrade, currently B1 Outlook Actions: Issuer: Temir Capital B.V. Outlook, Changed To Rating Under Review From Stable Issuer: Temirbank Outlook, Changed To Rating Under Review From Stable 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 Asst Vice President - Analyst Financial Institutions Group Moody's Eastern Europe Telephone: +7-495-771-7146 Facsimile: +7-495-937-8290 [2006-09-28]