Kazkommertsbank Says Standard & Poor’s Placed Bank’s Ratings on CreditWatch “Developing”

S&P increased average cost of oil price to $60 in 2018

Kazkommertsbank (Almaty), whose securities are officially
listed on Kazakhstan Stock Exchange (KASE), has informed KASE that “on June 14,
2017 rating agency S&P Global, placed the issuer credit rating “B-” of
Kazkommertsbank (KKB) on CreditWatch “developing””.

Details are available on KASE website