Moody's повысило прогноз рейтингов Нурбанка (Казахстан)

/REUTERS, Лондон, 21.12.04/ - Международное рейтинговое агентство Moody's Investors Service повысило в понедельник прогноз изменения рейтингов казахстанского банка Нурбанк. Прогноз изменения долгосрочного рейтинга по обязательствам в иностранной валюте "Ва3" и рейтинга финансовой устойчивости "Е+" был повышен до "позитивного" со "стабильного". Нурбанк расположен в Алма-Ате. Его консолидированные активы по МСФО составили на 30 июня 2004 года $576 миллионов. Ниже приводится оригинальный текст сообщения агентства Moody's на английском языке. MOODY'S CHANGES OUTLOOK ON NURBANK'S (KAZAKHSTAN) Ba3/E+ RATINGS TO POSITIVE Limassol, December 21, 2004 - Moody's Investors Service has changed the outlook on the Ba3 long-term foreign currency deposit rating and E+ financial strength rating (FSR) of Kazakhstan's Nurbank to positive from stable. Moody's said that the positive outlook on Nurbank's E+ FSR reflects (i) the bank's growing market shares; (ii) the increased diversification of the bank's loan portfolio, with a rapidly growing share of residential mortgages and much reduced exposure to a handful of corporate customers; (iii) recovering profitability; (iv) maintained good asset quality; and (vi) adequate capitalisation. However, at the same time, Moody's noted that, given that the bank's portfolio of mortgages was originated very recently and is fairly unseasoned, any future material rise in delinquencies would potentially exert downward pressure on the ratings. In addition, the bank's liquidity position tightened over the first half of 2004, resulting in a higher reliance on interbank funding sources, such as short-term syndicated loan facilities from foreign banks. Any further rise in dependence on these, at times, volatile funding sources might reset the outlook back to stable. According to Moody's, Nurbank's Ba3 deposit rating continues to incorporate an expectation of limited support from the Kazakhstani authorities, should the need arise, reflecting the bank's growing importance to the national banking system. However, Moody's cautioned that any external support from the country's financial authorities, in case of distress, might be of a limited nature; the extent and timeliness of such support are somewhat uncertain but are well captured in the Ba3 rating. Nurbank is headquartered in Almaty, Kazakhstan and reported total IFRS- consolidated assets of KZT78.6 billion (US$576 million) as of 30 June 2004. Limassol Adel Satel General Manager Financial Institutions Group Moody's Investors Service Cyprus Limited JOURNALISTS: 44 20 7772 5456 SUBSCRIBERS: 44 20 7772 5454 Limassol Dmitry Polyakov Asst Vice President - Analyst Financial Institutions Group Moody's Investors Service Cyprus Limited JOURNALISTS: 44 20 7772 5456 SUBSCRIBERS: 44 20 7772 5454 [2004-12-21]