Business Services Industry
KAZAKHSTAN: MOODY'S ASSIGNS B2/NP/E+ RATINGS TO EXIMBANK KAZAKHSTAN.
IPR Strategic Business Information Database, July, 2007
Moody's Investors Service today assigned the following global scale ratings to Eximbank Kazakhstan ("Eximbank"): B2 long-term and Not-Prime short-term foreign and local currency deposit ratings and an E bank financial strength rating ("BFSR"). All of the bank's ratings carry a stable outlook.
According to Moody's Eximbank's E BFSR, which translates to a Baseline Credit Assessment of B2, is based on the bank's fundamental credit strength, which, in Moody's view, is underpinned by the bank's strong capitalisation, but constrained by its weak franchise and significant concentrations on both the asset and liability side of the balance sheet. The bank's B2 Local and Foreign Currency Deposit ratings do not factor in any systemic support in the event of a stress...
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