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Various Rating Actions Taken On Six Kazakh Banks Jul 05

  • ID: 1786806
  • July 2005
  • Standard & Poors

FEATURED COMPANIES

  • ATF Bank
  • BTA Bank J.S.C.
  • JSC AsiaCredit Bank
  • Kazakhstan (Republic of)
  • Kazkommertsbank JSC
  • Nurbank JSC
  • MORE

Abstract
PARIS (Standard & Poor's) July 22, 2005--Standard & Poor's Ratings Services said today that it raised its counterparty credit ratings on several Kazakhstan-based banks as follows: -- Kazkommertsbank JSC (KKB) long-term rating to 'BB' from 'BB-', outlook stable; 'B' short-term rating affirmed; -- Halyk Savings Bank of Kazakhstan (Halyk) long-term rating to 'BB-' from 'B+', outlook stable; 'B' short-term rating affirmed; -- ATF Bank (ATFB) long- and short-term ratings to 'B+/B' from 'B/C', outlook stable; and -- JSC Nurbank long-term rating to 'B' from 'B-', outlook stable; 'C' short-term rating affirmed. At the same time, the outlook on Joint Bank Lariba Bank JSC (Lariba) was revised to positive from stable and the long- and short-term counterparty credit ratings on the...

Companies mentioned in this report are:
- Halyk Savings Bank of Kazakhstan
- Russian Federation
- Kazakhstan (Republic of)
- Kazkommertsbank JSC
- JSC AsiaCredit Bank
- BTA Bank J.S.C.
- Nurbank JSC
- ATF Bank

Action: Affirmed
Action: Outlook: Positive
Action: Outlook: Stable
Action: Upgraded

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- Halyk Savings Bank of Kazakhstan
- Russian Federation
- Kazakhstan (Republic of)
- Kazkommertsbank JSC
- JSC AsiaCredit Bank
- BTA Bank J.S.C.
- Nurbank JSC
- ATF Bank

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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