Fitch Assigns Kazakhstan's Altyn Bank 'BB' Long-Term IDR; Outlook Stable

April 2, 2015 2:19 PM

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(The following statement was released by the rating agency) MOSCOW/LONDON, April 02 (Fitch) Fitch Ratings has assigned Altyn Bank JSC Long-term foreign and local currency Issuer Default Ratings (IDRs) of 'BB'.

The Outlooks are Stable. A full list of rating actions is at the end of this rating action commentary. KEY RATING DRIVERS: IDRS, SUPPORT RATING AND NATIONAL RATING Altyn Bank's Long-term IDRs are aligned with the ratings of its parent institution, Halyk Bank of Kazakhstan (BB/Stable), which acquired...

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