Moody's Upgraded BCC’s Ratings to Investment Grade
Rating – Baa3, Outlook – Stable
Moody's rating agency has upgraded Bank CenterCredit’s ratings and assessments today: long-term domestic and foreign currency deposit ratings from Ba1 to Baa3.
The outlook on the Bank’s long-term deposit ratings has been revised from positive to stable, while the BCC’s long-term national scale bank deposit rating has been upgraded from A3.kz to A1.kz.
“This is a landmark milestone both for our Bank and for the country from the perspective of enhanced investment attractiveness and reputation of our region. The assignment of an investment grade rating is a positive signal for our existing and future partners”, commented Ruslan Vladimirov, President of JSC Bank CenterCredit.
Rating Rationale
Today’s upgrade reflects improvements in the Bank’s asset quality, profitability, and solvency supported by a favorable operating environment.
It also takes into account the Bank’s significant liquidity buffer, which remained stable and exceeded 40% of the Bank’s tangible assets at the end of the first half of 2025.
Stable Outlook Rationale
The stable outlook on the long-term deposit ratings reflects the expectation that the Bank will effectively manage credit risks associated with its previous rapid growth, and maintain key credit metrics, including profitability, asset quality, capitalization, and liquidity, at the stable level.
License No. 1.2.25/195/34 dated 03 February 2020 issued by the ARDFM RK