Fitch rates ATF eurobond B+

Fitch Ratings said it assigned Kazakhstan-based ATF Bank's new eurobond an expected long-term B+ rating.

ATF is rated long-term B+ with a stable outlook, short-term B, individual D, and support 4.

ATF Bank is the fourth-largest commercial bank in Kazakhstan by assets, with around 6.5% of the banking system's assets at end-2004.

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