CREDIT RATING WITHDRAWAL RATIONALE
ACRA has withdrawn the BB+ credit rating, status “Rating under Review: Developing”, of AO “Bereke Bank” due to contract expiration. The rating has been withdrawn without its concurrent affirmation.
regulatory disclosure
The credit rating was previously assigned under the international scale based on the Methodology for Credit Rating Assignment to Banks and Bank Groups under the International Scale, Methodology for Analyzing Rated Entities Associated with a State or a Group, and Key Concepts Used by the Analytical Credit Rating Agency within the Scope of Its Rating Activities.
The credit rating of AO “Bereke Bank” was published by ACRA for the first time on December 15, 2023.
ACRA provided no additional services to AO “Bereke Bank”. No conflicts of interest were discovered in the course of credit rating assignment.
