trending Market Intelligence /marketintelligence/en/news-insights/trending/1C53z-eZgMJ9vcaR7rFIow2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

S&P downgrades Kazakhstan-based Nurbank

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory

S&P downgrades Kazakhstan-based Nurbank

S&P Global Ratings on June 8 downgraded Kazakhstan-based JSC Nurbank's long-term counterparty credit rating to B- from B, with the outlook on the rating negative.

The rating agency also lowered the bank's Kazakhstan national scale rating to "kzB+" from "kzBB" and affirmed the B short-term counterparty credit rating.

The ratings action reflects Nurbank's record of continued poor earnings, which puts pressure on its capital buffers and has led to an absence of positive dynamics in terms of market share over the past five years, S&P noted. As a result, the rating agency revised its assessment of Nurbank's business position to weak from moderate.

The negative outlook reflects the agency's concerns about Nurbank's ability to maintain its funding and liquidity base, develop new business and generate sufficient stable revenues to maintain its moderate capital position over the next 12 months. The outlook also reflects negative trends on the economic and industry risks in Kazakhstan's banking sector.

S&P Global Ratings and S&P Global Market Intelligence are owned by S&P Global Inc.