Kazkommertsbank Says Fitch Ratings Affirmed Ratings Of Bank And Bonds

NPLs of Kazakhstani banks increased to 10.1% in Q1 - Fitch

Kazkommertsbank (Almaty, Bank), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE of “the Fitch Ratings’ December 20, 2016 affirmation of a long-term foreign and local currency IDR at CCC, ratings of senior unsecured bonds issued by the Bank at CCC, subordinated bonds at CC and perpetual subordinated bonds at C.”

Details are available on KASE website –
http://www.kase.kz/files/emitters/KKGB/kkgb_rating_201216.pdf

 

 

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