12.09.2024

Moody’s upgrades Export Credit Agency of Kazakhstan's financial strength rating to Baa1

Moody’s upgrades Export Credit Agency of Kazakhstan's financial strength rating to Baa1

Moody’s Investors Service has upgraded the financial strength rating of Export Credit Agency of Kazakhstan, a subsidiary of Baiterek Holding, from Baa2 to Baa1, maintaining a stable outlook.

This upgrade reflects Kazakhstan’s improved sovereign rating of Baa1, which indicates positive developments in the country’s institutional environment and a strengthening of its economic stability.

Export Credit Agency of Kazakhstan is committed to promoting sustainable economic growth and advancing government initiatives designed to expand export opportunities and increase the global market share of non-resource goods and services.

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