OREANDA-NEWS. Eximbank Kazakhstan JSC (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release:

"... On April 8, 2015 international rating agency Standart&Poor's (S&P) assigned to Eximbank Kazakhstan a long-term and short-term credit ratings level "В-/С" and rating on national scale "kzBB-"; outlook – "Stable".

According to analysts (S&P), the Bank's strategy provides for more dynamic  development to increase the market share in terms of assets on account of diversification of the client base and product range. Apart from that the agency points out positive factors related to Eximbank Kazakhstan JSC in terms of risk: low growth rates after 2008 crisis and favorable structure of the loan portfolio.

Eximbank Kazakhstan intends to maintain the business growth at 5-15%, which according to analysts will exceed forecasted growth rates of lending in Kazakhstan's bank system.

Outlook "Stable" on ratings of Eximbank Kazakhstan reflects the agency expectations that the bank will continue diversifying concentration of the client basis, and its financial indicators will show resilience to the slowed economic growth in Kazakhstan.