Moody’s Ratings assigned Freedom Bank Kazakhstan a long-term deposit rating of Ba3 with a stable outlook. This debut rating marks the first time the agency has evaluated the Freedom Holding Corp. subsidiary.
The rating reflects the bank’s solid capitalization and dynamic customer base expansion. Moody’s also highlighted the rapid growth of the bank's deposit portfolio and digital retail operations.
The stable outlook assumes the bank’s business model will support balanced growth over the next 12 to 18 months.