On March 30, the international rating agency Moody's assigned Microcreditbank a long-term counterparty risk rating of Ba3 and a long-term rating of the bank on deposits in national and foreign currency at Ba3, with a Stable outlook.
Also, the long-term risk rating of the domestic and foreign counterparty was assessed at the level of Ba3. According to Moody's forecast, the bank's capital adequacy remains high in the face of rapid growth, which makes the bank a reliable partner for customers, partners, as well as investors.
- JSCB "Microcreditbank" is one of the largest banks in our country and regularly confirms its status during the international assessment, - said Deputy Chairman of the Board of JSCB "Microcreditbank" Ikram Jumaniyazov. – In addition, the bank continues to develop rapidly, and the assessment of the bank by international analysts at the sovereign rating level testifies to the reliability of the bank for customers and partners.
As stated in the rating report, the Stable outlook reflects the bank's balanced risk profile and Moody's expectations and indicates that the bank's fundamentals will remain stable over the next 12-18 months.
See also
The annual reporting meeting of the WE-Finance Code initiative was held.
