International rating agency S&P Global Ratings affirmed the «B-/B» credit rating of Nurbank JSC. The
outlook is stable.
«Affirmation of the reliability rating of Nurbank JSC and positive outlook by the influential international rating agency S&P Global Ratings in turbulent and highly volatile environment is a validation of the bank’s stability and effectiveness of the chosen strategy, which is based on an individual approach to the needs of customers, maintenance of asset quality, a balanced approach to risk assessment and quality compliance. The rating acknowledges that the bank has sufficient capital and liquidity reserves. Achieving such high performance would not have been possible without the trust of our clients, some of whom have been with the bank for over 25 years, and the daily dedicated work of every member of the team. In
addition, I am particularly pleased with the fact that our consolidated financial statements for the first half of 2023 show net income totalling almost KZT 4.3 billion," commented Gulnara Musataeva, Chairman of the Management Board of Nurbank JSC.
Standard and Poor’s
|Long term counterparty rating
|Short term counterparty rating
|Kazakhstan National Scale rating
Ratings Nurbank S&P (.pdf)
Banking Licence No. 1.2.15/193 dated 3 February 2020 to conduct banking and other operations and activities on the securities market issued by the Agency for Regulation and Development of Financial Market of the Republic of Kazakhstan