S&P Global revises outlook for Kaspi.kz’s Kaspi Bank to positive
LONDON, UK: S&P Global announced its decision to revise the outlook for Kaspi Bank, a core component of Kaspi.kz’s Fintech Platform, to Positive citing strong...
Private equity holdings of U.S. insurance industry grows 14.8% in 2020
OLDWICK: Private equity holdings of U.S. insurance industry grew by 14.8% in 2020, with the life/annuity insurance industry seeing its highest value in five years,...
Fitch upgrades PJSC Polyus ratings with a stable outlook
LONDON, UK: PJSC Polyus notes that Fitch Ratings has upgraded the Company’s Long-term Issuer Default Rating to ‘BB+’ from ‘BB’, with stable outlook. The new...
Financial strength of Blue Cross Life Insurance of Canada under review with negative implications
OLDWICK: AM Best has recorded negative implications for the Financial Strength Rating of Blue Cross Life Insurance Company of Canada (BCLIC) after it selected an...
S&P improves Metalloinvest outlook to positive from stable
MOSCOW, RUSSIA: Metalloinvest Finance Designated Activity Company (IRSH), a leading global iron ore and HBI producer and supplier, announced that Standard & Poor’s Ratings Services...
Moody’s re-affirms Qatar Islamic Bank’s A1 rating with stable outlook
DOHA, QATAR: Moody’s Investors Service has reconfirmed the long-term deposit rating of Qatar Islamic Bank (QIB) at A1, with a stable outlook, a news release...
S&P Global Ratings Reaffirms Halyk Bank’s rating; outlook stable
LONDON, UK: S&P Global Ratings has affirmed its ‘BB/B’ long- and short-term issuer credit ratings and its ‘kzA+’ Kazakhstan scale rating on Halyk Savings Bank...
Moody’s confirms Qatar International Islamic Bank rating at A2/Prime-1
QATAR: Qatar International Islamic Bank (QIIB) has announced that Moody’s has confirmed the credit rating at A2 / Prime-1 with a stable outlook. Moody’s credit...
Polymetal achieved prime status in ISS ESG Corporate Rating
LONDON: According to the most recent ISS ESG Corporate Rating, Polymetal’s score improved from С+ to B-, crossing the Prime threshold. The ISS ESG Corporate...
S&P affirms Sistema’s credit rating at BB, outlook positive
MOSCOW: Sistema PJSFC, a publicly traded Russian investment company, announced that S&P Global Ratings has affirmed the Corporation’s credit rating at ‘BB’ and upgraded the...
A.M. Best reaffirms Tower Limited’s A- (Excellent) credit rating
AUCKLAND: Global company rating specialist A.M. Best has reaffirmed Tower Limited’s financial strength rating at A- (Excellent). The rating reflects Tower’s balance sheet strength, which...
S&P revises Oman Insurance’s outlook to positive on improved operating performance
DUBAI: Oman Insurance Company is assigned a positive outlook by S&P Global Ratings, based on improved operating performance while affirming an A- rating, a news...