8 800 080 5559
CALL-CENTRE
Ratings of the bank

Credit rating of Development Bank by Standard&Poor’s corresponds to the sovereign rating of the Republic of Kazakhstan, credit ratings by Moody’s and Fitch Ratings 1 point below the sovereign rate. Development Bank of Kazakhstan JSC ratings are one of the highest among quasi-sovereign companies and banking sector of the RK.

 
As of 29 February 2016 Bank’s ratings are as follows:


S&P

Fitch

Moody's

Republic of Kazakhstan

BBB-/ negative

BBB+/stable

Baa2/ positive

Development Bank of Kazakhstan

BBB-/ negative

BBB/ stable

Baa3/ stable



On 24 February 2016 Standard&Poor’s (hereinafter – the Agency) cut the Bank’s long-term credit ratings of counterparty in foreign and national currencies to “ВВВ-“ from “ВВВ”, outlook – “Negative”. 

Credit ratings of the Bank have been lowered due to corresponding rating activities with the sovereign rating of the Republic of Kazakhstan. 
  

Credit rating/Outlook:
BBB-/Negative/

Credit rating/Outlook:
BBB/ Stable/

Credit rating/Outlook:
Baa3/ Stable/

Archive