OREANDA-NEWS. September 19, 2011. Moody's Investors Service has withdrawn the following ratings of Tsesna Bank, reported the press-centre of KASE:

- Long-term local and foreign currency debt and deposit ratings of Caa1;

- Short-term local and foreign currency ratings of Not Prime; and

- Bank financial strength rating (BFSR) of E.

All ratings carried a stable outlook at the time of withdrawal.

RATINGS RATIONALE

Moody's has withdrawn the rating for its own business reasons. Please refer to the Moody's Investors Service's Policy for Withdrawal of Credit Ratings available on its Web site, www.moodys.com.

Moody's notes that, as of the date of the ratings withdrawal, Tsesna Bank had no outstanding debt rated by Moody's.

Based in Astana, Kazakhstan, Tsesna Bank reported IFRS total assets of USD1.5 billion at YE2010 and net profit of USD4.7 million for 2010.