Standard & Poor's reviews ratings of four Uzbek banks

In the result, Standard & Poor's Ratings Services affirmed the 'CCC' long-term and 'C' short-term counterparty credit ratings to Amirbank. The outlook is positive.

The agency said that it upgraded “B” long-term counterparty credit rating of Halk Bank to “B+” and affirmed 'B' short-term rating. The outlook is positive.

Long-term counterparty credit rating of Kapitalbank was raised from ‘B-’ to ‘B’, while ‘C’ short-term rating was affirmed. The outlook is positive.

Standard & Poor's also upgraded long-term counterparty credit ratings of National Bank for Foreign Economic Activity of Uzbekistan and Uzpromstroybank from ‘B’ to ‘B+’, affirming short-term ratings at ‘B’. The outlook is positive.