Fitch присвоило рейтинги в местной валюте четырем банкам Казахстана
09.09.05 13:00
/REUTERS, Лондон/Москва, 09.09.05/ - Международное рейтинговое
агентство Fitch Ratings присвоило в пятницу долгосрочные рейтинги в
местной валюте четырем казахстанским банкам:
- Банку развития Казахстана на уровне "ВВВ" со стабильным прогнозом, остальные
рейтинги банка подтверждены;
- Казкоммерцбанку, банку ТуранАлем и Халык-банку на уровне "ВВ+" со стабильным
прогнозом, остальные рейтинги банков подтверждены.
Ниже приводится оригинальный текст сообщения агентства Fitch Ratings
на английском языке.
FITCH ASSIGNS LOCAL CURRENCY RATINGS TO FOUR KAZAKH BANKS
Fitch Ratings-London/Moscow-09 September 2005: Fitch Ratings, the
international rating agency, has today assigned Long-term Local Currency
ratings to four Kazakhstani banks as follows:
Development Bank of Kazakhstan ("DBK") has been assigned a Long-term
Local Currency rating of 'BBB' with a Stable Outlook. DBK's other ratings are
affirmed at Long-term Foreign Currency 'BBB-' (BBB minus) with a Stable
Outlook, Short-term 'F3', Support '2'. Kazkommertsbank ("KKB"), Bank
Turan Alem ("BTA") and Halyk Bank ("Halyk") have each been assigned a
Long-term Local Currency rating of 'BB+' with a Stable Outlook. The other
ratings of each of these banks are affirmed at Long-term Foreign Currency
BB' with a Stable Outlook, Short-term 'B', Individual 'C/D', Support '3'.
The Long-term Local Currency ratings assigned to the four banks reflect
Fitch's view of the likelihood of support in local currency being forthcoming
for each of them from the Kazakhstani authorities. Taking into account the
ability of the Kazakhstani authorities to provide such support, as reflected in
Kazakhstan's 'BBB' Long-term Local Currency rating, Fitch believes there is
a high probability of this support being forthcoming for DBK, and a moderate
probability of support being made available to KKB, BTA and Halyk.
The four banks' Long-term Local Currency ratings are in each case one
notch higher than their Long-term Foreign Currency ratings because of the
greater ability of the Kazakhstan authorities to provide support in local
currency. This is reflected in the differential between Kazakhstan's 'BBB'
Long-term Local Currency and 'BBB-'(BBB minus) Long-term Foreign
Currency ratings.
DBK was established in 2001 as a 100% state-owned company with the
objective to foster Kazakhstan's economic development by providing
medium- to long-term financing for infrastructure and production sector
projects, and by issuing pre-export loans and guarantees. At 1 July 2005,
87% of the bank's shares were held by the government of Kazakhstan, with
13% equally distributed among the local government bodies of 14 regions
and the cities of Almaty and Astana.
KKB was the largest commercial bank in Kazakhstan by IFRS assets at end-
2004. One individual controls a majority stake in the bank. The European
Bank for Reconstruction and Development is a minority shareholder and
actively involved in board-level decision making.
BTA was the second largest commercial bank in Kazakhstan by IFRS assets
at end-2004, The bank's common stock is owned primarily by a number of
Kazakh investors, but Raiffeisen Zentralbank, the European Bank for
Reconstruction and Development, the International Finance Corporation and
Nederlandse Financierings - Maatschappij Voor Ontwikkelingslanden own
convertible preferred shares.
Halyk is the third largest bank in Kazakhstan and, reflecting its roots as the
former state savings bank, has the largest branch network in the country.
[2005-09-09]