Press Releases of JSC 'Nurbank': Current Information and Official Statements

International rating agency S&P Global upgraded the long-term credit rating of JSC 'Nurbank' from 'B-' to 'B' with a stable outlook. The national scale rating was upgraded from 'kzBB' to 'kzBB+'.

As of November 13, 2024, by the decision of the Board of Directors, Eldar Rashitovich Sarsenov has been appointed as the Chairman of the Board of Directors of JSC «Nurbank».

According to management reports as of September 1, 2024, Nurbank's assets reached 497.4 billion tenge, up 6.8% from the start of the year. The net income for eight months amounted to 9 billion tenge, almost doubling the same period last year.

Nurbank has joined the UN Global Compact, which includes over 24,000 companies and organizations from 167 countries.

S&P Global Ratings affirmed NurBank's long-term and short-term credit ratings at 'B-/B' and upgraded the national scale rating from 'kzBB-' to 'kzBB'.

Nurbank has joined the Instant Payment System (IPS). IPS allows for transfers in tenge between clients of participating Kazakhstani banks 24/7. Transfers are carried out using a mobile phone number. Card numbers and other details are not required.