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On 11 December the International rating agency "Fitch ratings" introduced the national rating scale in the. Astana Finance JSC has became the fist company to which the rating of "A+(kaz)" (stable outlook) was assigned on the new national rating scale.
Earlier the Fitch rating agency assigned to Astana Finance JSC the long-term and foreign currency related issuer’s default rating of "AA+" (stable outlook). It is Fitch agency’s usual practice that since 1997 it assigns the national ratings to the countries with developing economies. The national rating scale highlights the additional differentiation of trustworthiness of the company as compared to the international scale and lifts restrictions on the sovereign rating of the
This high rating A+(kaz) assigned to Astana Finance JSC on the national rating scale will serve as an extra momentum to upgrade the investment attractiveness of the Company in both in internal and external financial markets and to ensure the advantaged status as compared to the other kazakhstani issuers due to its rating history.
Establishment of national rating scale in the was available due to the high rate of growth of the domestic market corporative bonds.In anticipation of the International Children's Day Astana Finance JSC following principles of humanism, ideals of goodness and justice made donations to Children’s Charity Fund "Ymit-Nadezhda" in Kokshetau.
For immediate release: JSC Astana Finance (the Company) wishes to announce the appointment of the following members of the Management Board of the Company with effect from 5 May 2010:
May 5, 2010 saw the meeting of the Board of Directors of "Astana-Finance" JSC (hereinafter - the "Company") on which the decision on staff changes in the management bodies of subsidiaries was taken.
The Board of Directors of "Astana – Finance" JSC (further – the "Company") situated at the following address: 010000, the Republic of Kazakhstan, Astana, 12 Bigeldinov str., has taken a decision on holding an extraordinary general meeting of the shareholders of "Astana – Finance" JSC with the following agenda: Composition of the Board of Directors of "Astana – Finance" JSC.
FSA signed an agreement with the members of Bank-Conglomerate Astana Finance
updated 09.12.2008