Moody’s upholds ForteBank’s credit ratings, signals positive outlook

Photo: Moody’s official website
Moody’s confirmed ForteBank’s long-term credit rating at Ba2 and Baseline Credit Assessment at ba3 with a positive outlook, highlighting strong capitalization, adequate liquidity, and high profitability. The agency noted the bank’s effective risk management amid its planned acquisition of Home Credit Bank, a medium-sized retail lender in Kazakhstan.
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