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Various Rating Actions Taken On Six Kazakh Banks Jul 05

  • ID: 1786806
  • July 2005
  • Standard & Poors
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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

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, READ MORE >

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2 of 3

- 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
3 of 3
Note: Product cover images may vary from those shown

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