Standard & Poor's raises Development Bank of Kazakhstan credit rating

TANA. November 9. KAZINFORM / Serik Sabekov/ International Agency Standard & Poor's raised credit rating on the Development Bank of Kazakhstan to BBB+. Prime Minister Karim Massimov made it public at the conference devoted to the DBK's 10th anniversary on Wednesday in Astana.

"This morning we have heard good news that after the Agency Standard & Poor's raised Kazakhstan's sovereign rating it also decided to raise credit rating on the Development Bank of Kazakhstan," Massimov noted.