Агентство Moody's Investors Service присвоило кредитные рейтинги ОАО "Банк ЦентрКредит" (Казахстан)

/ИРБИС, 19.11.02/ - Международное рейтинговое агентство Moody's Investors Service 19 ноября опубликовало сообщение о присвоении ОАО "Банк ЦентрКредит" (Алматы) кредитных рейтингов: финансовой устойчивости "D-", по долгосрочным депозитам в иностранной валюте "Ba2" и по краткосрочным депозитам в иностранной валюте "NP". Прогноз всех рейтингов - "стабильный". По информации агентства, рейтинги отражают возможность оказания банку поддержки со стороны властей Казахстана. Ниже приводится полный текст сообщения на английском языке. MOODY'S ASSIGNS TO BANK CENTERCREDIT (KAZAKHSTAN) D-/Ba2/NP FIRST TIME RATINGS First-time ratings Limassol, November 19, 2002 - Moody's Investors Service has assigned to Kazakhstani Bank CenterCredit (BCC) a D- Financial Strength Rating (FSR), and ratings of Ba2/NP for long- and short-term foreign currency deposits. All ratings carry stable outlooks. According to Moody's, the Ba2/NP foreign currency deposit ratings incorporate potential support from the Kazakhstani authorities, should the need arise, in reflection of BCC's importance to the banking system of Kazakhstan. As at year- end 2001, BCC was the fifth-largest Kazakhstani bank by both assets and customer loans, and the fourth-largest bank in terms of customer deposits. However, Moody's cautions that any outside support from the authorities in case of distress may be of a limited nature, and its volume and timeliness rather uncertain. This prevents the rating agency from placing the long-term foreign currency deposit rating at the Ba1 country ceiling for such deposits. The FSR of D- reflects BCC's developed franchise in business with small and medium-sized enterprises - this market segment continues to offer good margins and good potential for sustainable growth in the future. BCC took a decision to work more actively on the retail lending market to better exploit opportunities in this market segment and to leverage its position as an important collector of retail deposits. Moody's welcomes BCC's initiatives; the rating agency believes that retail banking in Kazakhstan remains underdeveloped, offers interesting business opportunities and may contribute to a further diversification of BCC's credit portfolio and strengthen the bank's franchise. Moody's welcomes BCC's relatively low customer concentrations on both sides of the balance sheet. However, the rating agency would welcome a further restructuring of the bank's liabilities by attracting more longer-term financing, which would improve the bank's financial flexibility. Moody's also cautioned that dynamic growth in lending activities represents a challenge for credit-risk management and requires regular monitoring of the exposures. Despite this the bank has managed to defend a relatively high asset quality. Moody's welcomes the fact that interim 2002 results already show a significant improvement in the bank's profitability despite an additional increase in LLP. Bank CenterCredit is headquartered in Almaty, Kazakhstan and reported total IAS-unconsolidated assets of KZT41.7 billion (US$272.5 million) as of 30 June 2002. Limassol Elisabeth Jackson-Moore Managing Director Financial Institutions Group Moody's Interbank Credit Service Ltd. 357-25-586586 Limassol Pavel Simacek Vice President - Senior Analyst Financial Institutions Group Moody's Interbank Credit Service Ltd. 357-25-586586 [2002-11-19]