Fitch повысило индивидуальный рейтинг банка Халык (Казахстан)

/REUTERS, Лондон, Москва, 04.04.05/ - Международное рейтинговое агентство Fitch Ratings повысило в понедельник индивидуальный рейтинг казахстанского банка Халык до уровня "C/D" с "D". Fitch также подтвердило остальные рейтинги: - долгосрочный на уровне "ВВ" со стабильным прогнозом; - краткосрочный на уровне "В"; - поддержки на уровне "3". "Повышение индивидуального рейтинга отражает продолжавшееся в 2004 году улучшение качества работы со средним показателем доходности активов на уровне 2,5 процента вслед за существенным повышением прибыльности в 2003 году", - говорится в сообщении Fitch. Ниже приводится оригинальный текст сообщения агентства Fitch Ratings на английском языке. FITCH UPGRADES KAZAKHSTAN'S HALYK BANK TO INDIVIDUAL "C/D" 04 Apr 2005 7:01 AM (EDT) Fitch Ratings-London/Moscow-04 April 2005: Fitch Ratings, the international rating agency, has today upgraded Kazakhstan-based Halyk Bank's Individual rating to "C/D" from "D". The bank's other ratings are affirmed at Long-term "BB" with a Stable Outlook, Short-term "B", and Support "3". The upgrade of the Individual rating reflects Halyk's continued strong performance in 2004 with a return on average assets of 2.5%, building on a marked improvement in profitability in 2003. The Long-term, Short-term and Individual ratings also reflect the bank's broad franchise, in particular in the retail and small and medium-sized enterprise sectors, reasonable liquidity and relatively low market risk appetite. However, they also consider the risk inherent in the rapid expansion of the bank's loan book (loans grew by some 55% in 2004), significant, albeit reduced, loan concentrations (exposures to the top 20 borrowers were equal to around 1.8x equity at end-2004) and less prudent provisioning policies (no loan loss reserves are created against standard loans). Capitalisation is moderate, with an equity/assets ratio of 9.0% at end-2004, while the total capital ratio (14.3% at end- 2004) is supported by significant subordinated debt issuance. Halyk is one of the three largest banks in Kazakhstan and, reflecting its roots as the former state savings bank, has the largest branch network in the country. The bank is ultimately majority-owned by one politically well-connected individual. In Q105, Halyk appointed Grigori Marchenko, the former Governor of the National Bank of Kazakhstan, to the position of Chief Executive Officer. [2005-04-04]