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S&P: Kazakhstan-Based Delta Bank JSC Ratings Lowered To 'D' On Missed Payments

February 17, 2017 | Cbonds

S&P Global Ratings lowered its long- and short-term counterparty credit ratings on Delta Bank JSC to 'D/D' (default) from 'CC/C'. We also lowered our ratings on the bank's senior unsecured bonds to 'D' from 'CC'.

At the same time, we lowered our Kazakhstan national scale ratings on Delta Bank to 'D' from 'kzCC'.

Company: Delta Bank

Full company nameAO "Delta Bank" (previous name: OAO "Neftebank")
Country of riskKazakhstan
Country of registrationKazakhstan


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