S&P affirms ratings of National Company KazMunayGas (Kazakstan); outlook Stable

S&P affirms ratings of National Company KazMunayGas (Kazakstan); outlook StableStandard & Poor’s Ratings Services said today that it had affirmed its long-term corporate credit ratings on 100% state-owned vertically integrated oil company JSC NC KazMunayGas (KMG) at ‘BBB-‘. The outlook is stable.

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S&P affirms long-term credit ratings of Bank VTB (Russia) at “ВВВ”; outlook “Stable”

S&P affirms long-term credit ratings of Bank VTB (Russia) at "ВВВ"; outlook "Stable"Standard & Poor’s Ratings Services today said it affirmed the ratings on Russian bank JSC VTB Bank (VTB) and its subsidiaries. We also affirmed the ‘ruAAA’ Russia national scale ratings on VTB and VTB-Leasing. The outlook on all ratings is stable. The ‘BBB’ long-term counterparty credit ratings on VTB and its subsidiaries VTB-Leasing and VTB-Leasing Finance were placed on CreditWatch with negative implications on March 1, 2011.

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S&P affirms Agricultural Credit Corporation (Kazakhstan); outlook Stable

S&P affirms Agricultural Credit Corporation (Kazakhstan); outlook StableStandard & Poor’s Ratings Services said today that it had affirmed its ‘BB’ long-term and ‘B’ short-term issuer credit ratings and the ‘kzA+’ Kazakhstan national scale rating on Kazakh Agrarian Credit Corp. (KACC), a state-owned provider of subsidized credit to agricultural and nonagricultural businesses in rural areas throughout the Republic of Kazakhstan (foreign and local currency BBB+/Stable/A-2; Kazakhstan national scale ‘kzAAA’). The outlook is stable.

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Accumulative Pension Fund GRANTUM (Subsidiary of Kazkommertsbank) (Kazakhstan) announces Y2011 9M operating results

Accumulative Pension Fund GRANTUM (Subsidiary of Kazkommertsbank) (Kazakhstan) announces Y2011 9M operating resultsAs of October 1, 2011 JSC Accumulative Pension Fund GRANTUM (Subsidiary of Kazkommertsbank) over the last three years received an investment return above the inflation rate and traditionally kept its leading position in terms of pension assets growing and the number of customers.

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S&P raised National Welfare Fund Samruk-Kazyna (Kazakhstan) credit ratings at “ВВВ+/А-2”, outlook “Stable”

S&P raised National Welfare Fund Samruk-Kazyna (Kazakhstan) credit ratings at "ВВВ+/А-2", outlook "Stable"Standard & Poor’s Ratings Services said today that it raised its long- and short-term foreign currency counterparty credit ratings on Samruk-Kazyna to ‘BBB+/A-2’, in line with the raising of the sovereign foreign currency ratings. At the same time, we affirmed the long- and short-term local currency counterparty credit ratings at ‘BBB+/A-2’, and the Kazakhstan national scale rating at ‘kzAAA’. The outlook is stable.

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S&P raised Development Bank of Kazakhstan credit ratings to “ВВВ+/А-2”, outlook “Stable”

S&P raised Development Bank of Kazakhstan credit ratings to "ВВВ+/А-2", outlook "Stable"Standard & Poor’s Ratings Services said today that it raised its foreign currency counterparty credit ratings on state-owned Development Bank of Kazakhstan to ‘BBB+/A-2’ from ‘BBB/A-3’, following the raising of the sovereign foreign currency ratings. At the same time, we affirmed the local currency counterparty credit ratings of ‘BBB+/A-2’. The outlook is stable.

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