Moody's Has Revised “Baiterek” Holding’s Ratings Outlook

On August 27, 2019, Moody's Investors Service International Rating Agency has revised the long-term ratings outlook for “Baiterek” National Managing Holding” JSC from “Stable” to “Positive”.

It is noted that this revision is “a consequence of the loan profile improvement in regard to the Republic of Kazakhstan, in terms of outlook improvement from “Stable” to “Positive” within the country's sovereign rating”.

Moody's Investors Service is an international rating agency that is engaged in credit ratings, research and risk analysis. Moody's, along with Standard & Poor’s and Fitch Ratings, is one of the “Big Three” international rating agencies.