Fitch понизило долгосрочный рейтинг Темирбанка до "В-" с "В"

/REUTERS, Лондон/Москва, 03.11.05/ - Международное рейтинговое агентство Fitch Ratings снизило в четверг долгосрочный рейтинг казахстанского Темирбанка до "В-" с "В", а индивидуальный до "D/E" с "D". Одновременно агентство подтвердило краткосрочный рейтинг банка на уровне "В", а рейтинг поддержки на уровне "5". Прогноз изменения долгосрочного рейтинга - стабильный, говорится в сообщении Fitch. Агентство сообщило, что снижение рейтинга связано с недавними изменениями в структуре управления банка, в результате которых, по мнению Fitch, увеличились кредитные и операционные риски банка, ухудшились финансовые показатели и повысилась концентрация в базе фондирования. Ниже приводится оригинальный текст сообщения агентства Fitch Ratings на английском языке. Fitch Downgrades Kazakhstan's Temirbank to 'B-'; Outlook Stable Fitch Ratings-London/Moscow-03 November 2005: Fitch Ratings has today downgraded Kazakhstan-based Temirbank's ("Temir") ratings to Long-term 'B-' (B minus) from 'B' and Individual 'D/E' from 'D'. At the same time, the agency has affirmed the bank's other ratings at Short-term 'B' and Support '5'. The Outlook on the Long-term rating remains Stable. The downgrade reflects recent and ongoing changes in the bank's management and strategy, resulting in what Fitch views as increased credit and operational risks, higher concentrations in funding, a tightening of liquidity during H105 (although this pressure has since reduced), and weakened performance. In addition, the Long-term, Short-term and Individual ratings factor in Temir's small size and franchise and concentrated loan book, as well as certain weaknesses in the operating environment. However, they also consider Temir's adequate capitalisation, which has been supported by injections by the current controlling shareholders, and asset quality. Upside to the ratings could result from the successful implementation by Temir of its new retail lending strategy, which could improve performance and dilute concentrations, continued support for the bank's capitalisation, and improvements in the currently undiversified funding base and hence potentially vulnerable liquidity. Downward pressure on the ratings could result from a substantial impairment of asset quality, a deterioration in liquidity or a marked increase in related party business. Temir is one of the 10 largest banks in Kazakhstan, but held a small 1.4% of the system's assets at end-H105. In H105, its owners changed the bank's senior management and refocused its strategy towards aggressive growth in retail lending, in particular mortgages and car loans. Experienced local managers have been brought in to implement this strategy; however Temir's origination, risk management and operational capacities in this new area have yet to be tested. Contact: Alexei Kechko, Moscow, Tel: +7 095 956 9901; James Watson, +7 095 956 9901. Media Relations: Jon Laycock, London, Tel: +44 20 7417 4327. Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site. [2005-11-03]