Damu Entrepreneurship development fund JSC

08/31/2026 | Press release | Distributed by Public on 08/31/2026 05:21

'Damu' Entrepreneurship development fund JSC says S&P Global Ratings upgraded the fund's ratings; outlook 'Stable'

"Damu" Entrepreneurship development fund JSC says S&P Global Ratings upgraded the fund's ratings; outlook "Stable"

​/KASE, August 31, 2026/ - "Damu" Entrepreneurship development fund JSC (KASE ticker - FRMP) reported the following:

​quote

​On August 27, 2026, the international rating agency S&P Global Ratings upgraded the long-term and short-term credit ratings of the Fund from "BBB-/A-3" to "BBB/A-2" following a similar action on the sovereign ratings of the Republic of Kazakhstan. The outlook is "Stable".

​At the same time, the rating on national scale was affirmed at "kzAAA".

​unquote

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[2026-08-31]

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