OREANDA-NEWS. On January 17, 2007 Nurbank JSC (Almaty), securities of which are traded in Kazakhstan stock exchange's (KASE) category "A" official list, had provided KASE with the press-release in which the following is informed, reported the press-centre of KASE:

One of leading international rating agencies - Moody's Investors Service - had spread the report, in which had affirmed the current ratings of Nurbank:

- Long term rating on deposits in national and foreign currency - B1

- Short-term rating on deposits in national and foreign currency - Not-Prime

- Rating of financial stability - A+

- outlook - Stable

In explanation, given in resulting report of Moody's, are comparing the key indicators of activity of Nurbank in dynamics (period within years 2002 - 2006), such as size of shareholders' equity, growth of bank's authorized capital, quality of assets and so on. By opinion of analysts of the agency Moody's, rating of bank's financial stability reflects today's stable status of bank, improvement in the field of corporate management, increase of effectiveness and increase of profitability in the first half-year of 2007, and also enough capitalization of the bank.

In the report is also noting that recognizable brand, presence in main regions of Kazakhstan and also developed IT-structure let Nurbank to realize the strategy, directed on strengthening of its market position and more active work in segments of retail and small and middle business.

It is also important, the analysts of Moody's note, that Nurbank demonstrates the progress in corporate management and also increase of transparency of bank's shareholders' structure. Let us remind that for today the big participants of Nurbank are Dariga Nazarbayeva and Nurali Aliyev, which are directly controlling about 50% shares of bank. Nurali Aliyev is also heading the Board of directors of Nurbank.

Affirmation of ratings by the largest international rating agencies shows the stability and reliability of Nurbank as financial institution, and also their trust to measurements undertaking in the Bank: increase of Bank's capitalization, strengthening of managerial team, progress in the field of corporate management and transparency.