Moody's places Kazkommertsbank's long-term ratings on review with direction uncertain
Review prompted by increasing need for external support; standalone BCA downgraded to ca. London, 17 January 2017-- Moody's Investors Service has today placed on review with direction uncertain Kazkommertsbank's long-term B3 deposit ratings, its Caa2 Senior Unsecured ratings and all long-term debt ratings, and downgraded the bank's standalone baseline credit assessment by two notches to ca from caa2. These actions reflect a higher probability that the bank will need...
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