06/25/2026 | Press release | Distributed by Public on 06/25/2026 04:10
/KASE, June 25, 2026/ - Freedom Holding Corp. (KASE ticker: FRHC_KZ) has announced the following:
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S&P Global Ratings has raised the long-term ratings from "B+" to "BB-" and affirmed the short-term ratings at "B" for the following subsidiaries of Freedom Holding Corp. (FRHC): Freedom Finance JSC, Freedom Finance Global, Freedom Finance Europe, and Freedom Bank Kazakhstan JSC. Outlook: "Stable".
Additionally, the Kazakhstan national scale ratings of Freedom Finance JSC and Freedom Bank Kazakhstan JSC have been upgraded from "kzBBB+" to "kzA-".
The long-term credit rating of FRHC has been affirmed at "B-".
The upgrades reflect a three-year track record of well-established enterprise risk management (ERM) and compliance frameworks within the Freedom Group, along with the strengthening of these functions across its financial subsidiaries. This framework enables FRHC to closely monitor and control risks at the group level, including critical areas such as sanctions compliance, cybersecurity, and reputational, regulatory, and cryptocurrency risks, which are gaining increasing prominence globally.
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[2026-06-25]