OREANDA-NEWS. Alliance Bank JSC (Almaty, hereinafter – the Bank), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following:

"...On December 16, 2014 rating agency Standard & Poor's upgraded the ratings of the Bank to "В/В".

As of the current date ratings of the Bank assigned by Standard & Poor's are as follows:

- Long-term credit rating: "В"

- Short-term credit rating: "В"

- Rating on national scale: "kzBB"

- Outlook on rating change: "Stable"