Fitch подтвердило рейтинги АТФ-банка (Казахстан)

/REUTERS, Москва, 01.09.05/ - Международное рейтинговое агентство Fitch Ratings подтвердило в четверг рейтинги казахстанского АТФ-банка: - долгосрочный на уровне "В+"; - краткосрочный на уровне "В"; - индивидуальный на уровне "D"; - поддержки на уровне "4". Прогноз изменения долгосрочного рейтинга - стабильный, говорится в сообщении агентства. АТФ-банк является четвертым банком Казахстана по размеру активов. На конец 2004 году ему принадлежало примерно 6,5 процента активов всей банковской системы страны. Ниже приводится оригинальный текст сообщения агентства Fitch Ratings на английском языке. Fitch Ratings-Moscow-01 September 2005: Fitch Ratings, the international rating agency, has today affirmed Kazakhstan-based ATF Bank's ratings at Long-term 'B+', Short-term 'B', Individual 'D' and Support '4'. The Long-term rating Outlook is Stable. The Long-term, Short-term and Individual ratings reflect the risk management concerns raised by the bank's rapid asset growth in a relatively high-risk operating environment, and its relatively high loan book concentration. However, the ratings also take into account the bank's well- diversified income streams, reasonable profitability and asset quality and low market risk. While ATF's actual loan losses have been relatively low, the current level of loan loss reserves is somewhat modest and could prove insufficient in the event of an economic downturn. Customer funding is concentrated, but the bank has been successful in raising longer-term funding through eurobond placements. The bank has received regular equity injections in recent years, but further capital contributions will be required to support continuing rapid growth. The further profitable growth of the bank's franchise without deterioration in asset quality and a significant and sustainable increase in capitalisation could put upward pressure on both the Individual and Long-term ratings. Downside risk for the Individual rating could result from a deterioration in asset quality, a reduction in capital adequacy ratios or excessive growth in non-Kazakhstani exposures.However, the Long-term rating is currently at its support floor and would only be exposed to downside risk if both the stand- alone financial strength of the bank deteriorated and, in Fitch's view, the probability of support for the bank from the Kazakhstani authorities decreased (the latter due to either a downgrade of the sovereign 'BBB-' (BBB minus) Long-term Foreign Currency rating or a perceived reduced propensity of the Kazakhstanti authorities to provide support). ATF is the fourth-largest commercial bank in Kazakhstan by assets; however, at end-2004 it held only around 6.5% of banking system assets. It provides a broad range of banking services to large companies and SMEs, and is also growing its retail business, focusing on higher and middle income individuals. In 2004/2005, ATF expanded its business into neighbouring Kyrgyzstan and Russia through the acquisition of two small local banks. [2005-09-01]