20.10.2015, 02:36
Development Bank of Kazakhstan says rating of program for issue of bank medium-term Islamic bonds was affirmed by agency RAM Rating Services Berhad
OREANDA-NEWS. October 20, 2015. Development Bank of Kazakhstan JSC (Astana, hereinafter
– the Bank), whose bonds are officially listed on Kazakhstan Stock Exchange
(KASE), has provided KASE with the following press release:
Malaysian rating agency RAM Rating Services Berhad has affirmed the long-term rating of the program for the issue of medium-term Islamic bonds Sukuk al-Murabaha of Development Bank of Kazakhstan JSC (hereinafter – the Bank) up to MYR1.5 bn at Aa2/Stable.
This rating indicates a high level of reliability of the Bank for payment of financial obligations.
Malaysian rating agency RAM Rating Services Berhad has affirmed the long-term rating of the program for the issue of medium-term Islamic bonds Sukuk al-Murabaha of Development Bank of Kazakhstan JSC (hereinafter – the Bank) up to MYR1.5 bn at Aa2/Stable.
This rating indicates a high level of reliability of the Bank for payment of financial obligations.
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