business and economy

Fitch withdraws Almaty’s ratings

By SRI ⋅ February 3, 2010 ⋅  Email This Post ⋅  Print This Post ⋅ Post a comment

(Fitch) - Fitch Ratings has affirmed the City of Almaty’s Long-term foreign and local currency ratings at BB+, respectively, and has simultaneously withdrawn the ratings.

The Short-term foreign currency rating is affirmed at ‘B’ and the National Long-term rating is affirmed at ‘AA-(kaz)’. The Outlooks on the Long-term foreign and local currency ratings and National Long-term rating are Stable.

The agency will no longer provide ratings or analytical coverage of the City of Almaty.

Tags: Fitch

Related articles

• Fitch Upgrades Alliance Bank to ‘B-’ on completion of restructuring
• Fitch revises Kazkommertsbank Outlook to Stable