19.05.2016 10:43:00

Altyn Bank JSC -- Moody's assigns Ba2 deposit ratings to Altyn Bank; outlook negative

London, 19 May 2016 -- Moody's Investors Service has today assigned Ba2/Not-Prime deposit ratings to Altyn Bank JSC (Altyn). The outlook for the long-term deposit ratings is negative. The rating agency also assigned a baseline credit assessment (BCA) and Adjusted BCA of ba3 to the bank. Concurrently, Moody's also assigned a Counterparty Risk Assessments (CR Assessment) of Ba1(cr)/Not-Prime(cr) and a National Scale Deposit Rating of A2.kz to the bank. This is the first time Moody's has assigned credit ratings to Altyn Bank JSC.

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