February 13, 2017 | Cbonds
S&P Global Ratings said today that its ratings on Kazakhstan-based Insurance Company Tsesna-Garant JSC (B+/Stable/--; 'kzBBB') are not affected by the announcement that its parent bank, Tsesnabank (B+/Negative/B; 'kzBBB-'), has been chosen as one of the preferred buyers for a 41.9% stake in Bank CenterCredit JSC (B/Stable/B; 'kzBB+'). The deal is subject to regulatory approval, which is expected to occur in the second quarter of 2017.
Company: Tsesna Garant
|Full company name||Insurance company "Tsesna Garant"|
|Country of risk||Kazakhstan|
|Country of registration||Kazakhstan|