Fitch подтвердило рейтинги АО "АТФБанк" (Казахстан) на прежнем уровне
16.02.06 10:31
/ИРБИС, Наталья Кузнецова, 16.02.06/ - Международное рейтинговое
агентство Fitch Ratings (Лондон) 15 февраля 2006 года подтвердило
рейтинги АО "АТФБанк" (Алматы): долгосрочный на уровне "BB-",
краткосрочный - "B", индивидуальный - "D" и рейтинг поддержки - "3".
Прогноз по долгосрочному рейтингу - "стабильный".
Согласно пресс-релизу, размещенному на официальном сайте Fitch Ratings,
данное рейтинговое действие последовало за сообщением АО "АТФБанк"
о намерении приобрести контрольный пакет акций АО "Валют-Транзит-Банк"
(Караганда).
Ниже приводится оригинальный текст сообщения Fitch Ratings.
FITCH AFFIRMS KAZAKHSTAN'S ATF BANK
Fitch Ratings-London/Moscow-15 February 2006: Fitch Ratings has today
affirmed Kazakhstan-based ATF Bank's (ATF) ratings at Long-term 'BB-'
('BB minus'), Short-term 'B', Individual 'D' and Support '3'. The Long-term
rating Outlook is Stable. The rating action follows the recent announcement
that ATF is looking to acquire a controlling stake in Kazakhstan's Valut-
Tranzit Bank (V-TB).
The Long-term, Short-term and Support ratings of ATF continue to reflect
Fitch Ratings' view of the moderate probability of state support being
available in case of need. This takes into account the sovereign's ability
to provide support, as reflected in its Long-term Foreign Currency Issuer
Default Rating of 'BBB', and its propensity to make support available to
banks of ATF's size, which Fitch considers to be moderate. Although ATF's
market share in the local banking system is set to increase should the deal
go through, in Fitch's view this would not be, at least initially, to an
extent that would materially effect ATF's systemic importance, and hence
the Kazakhstani authorities' propensity to provide support.
V-TB's relatively small size (end-Q305: total assets equal to 26% of ATF's),
its acceptable asset quality to date and the planned equity injection from
ATF's shareholders to fund the deal decrease the possibility of ATF's stand-
alone credit profile deteriorating following the acquisition. In addition,
ATF would benefit from V-TB's considerable branch network, which is the third
largest in the country, its focus on retail and the wide range of non-banking
services provided by V-TB's subsidiaries (in particular, general and life
insurance, pension fund management and pawn lending). However, time would be
needed to see if ATF could successfully adapt its strategy and exploit the
advantages of the proposed acquisition.
ATF is the fourth-largest commercial bank in Kazakhstan by assets with a
market share of around 7.7% of assets at end-Q305. It provides a broad range
of banking services to large companies and SMEs, and is also expanding its
retail business, focusing on higher- and middle-income individuals.
[2006-02-16]