The international rating agency S&P Global Ratings has affirmed the credit ratings of JSC Nurbank at 'B-/B' with a stable outlook.
The 'Stable' forecast on JSC Nurbank's ratings confirms the successful results of the financial institution's efforts aimed at improving asset quality, reducing the proportion of non-performing loans in the portfolio, ensuring adequate capital reserves, and maintaining the required level of liquidity. Agency specialists expect that the bank will also maintain a stable funding profile.