Press releases

Fitch leaves DBK rating unchanged at BBB

The international rating agency Fitch Ratings left the long-term issuer default ratings of Development Bank of Kazakhstan JSC (hereinafter - DBK, the Bank) unchanged. The announcement was published on August 31, 2023, the ratings in foreign and local currencies are at the level of "BBB" with a stable outlook.

Recall that the Bank's ratings were confirmed by Fitch at the level of the sovereign ratings of the Republic of Kazakhstan on February 22, 2023.

The report noted that the DBK plays an important role as one of the key institutions for the development of the country, authorized to finance the development of non-primary sectors to reduce Kazakhstan's dependence on raw materials.

АО «Банк Развития Казахстана»
проспект Мәңгілік Ел, здание 55 А, н.п. 15 Z05T3E2 Астана
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