Kaspi.kz Receives Two International Credit Ratings: Baa3 from Moody’s and BBB- from Fitch
Almaty, Kazakhstan, March 05, 2025 – Kaspi.kz, a leading digital platform in Central Asia, has recently achieved a significant milestone in its financial growth. The company has received two international credit ratings from renowned rating agencies: Moody’s and Fitch. These ratings are a testament to Kaspi.kz’s robust financial position and its potential for future growth.
Moody’s Investment Grade Rating: Baa3 with a Stable Outlook
Moody’s Investors Service, a global rating agency, assigned Kaspi.kz an investment grade rating of Baa3 with a stable outlook. This rating signifies that Kaspi.kz’s debt is considered to be of moderate credit risk. According to Moody’s, the stable outlook reflects their expectation that the company’s credit profile will remain stable in the next 12-18 months.
Fitch’s Investment Grade Rating: BBB- with a Stable Outlook
Fitch Ratings, another leading rating agency, also assigned Kaspi.kz an investment grade rating of BBB- with a stable outlook. This rating indicates that Kaspi.kz’s debt is considered to be of good credit quality. Fitch’s analysis noted that the company’s strong market position, solid financial profile, and growth prospects contributed to the positive rating.
Impact on Kaspi.kz
These ratings will significantly enhance Kaspi.kz’s credibility and reputation in the international financial community. The ratings will provide the company with increased access to international capital markets, enabling it to raise funds at lower costs. Additionally, it will strengthen Kaspi.kz’s position in negotiations with potential investors and partners. Moreover, the ratings demonstrate the company’s commitment to transparency and good corporate governance.
Impact on the World
The international credit ratings for Kaspi.kz mark a significant step forward for the Central Asian digital economy. The success of Kaspi.kz in receiving these ratings underscores the potential for growth in the region’s digital sector. It also highlights the increasing recognition of Central Asian companies on the global stage. Furthermore, the ratings may attract more international investors to the region, leading to increased economic activity and job creation.
Conclusion
Kaspi.kz’s recent achievement of two international credit ratings, Baa3 from Moody’s and BBB- from Fitch, is a significant milestone for the company and the Central Asian digital economy. These ratings reflect Kaspi.kz’s strong financial position, robust growth prospects, and commitment to transparency and good corporate governance. The ratings will enhance Kaspi.kz’s credibility and reputation, providing the company with increased access to international capital markets and strengthening its position in negotiations with potential investors and partners. Moreover, the success of Kaspi.kz serves as a testament to the potential for growth in the Central Asian digital sector and may attract more international investors to the region, leading to increased economic activity and job creation.
- Kaspi.kz receives investment grade ratings from Moody’s (Baa3) and Fitch (BBB-)
- Ratings signify moderate to good credit quality and stable outlook
- Enhances Kaspi.kz’s credibility and reputation in international financial community
- Increases access to international capital markets and lowers costs
- Strengthens position in negotiations with potential investors and partners
- Significant step forward for Central Asian digital economy
- Attracts more international investors to the region, leading to increased economic activity and job creation
