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S&P Global Ratings Revises Freedom Holding Outlook to Positive, Affirms Ratings

S&P Global logoS&P Global
Sig3.05Sen+4.10Env0.00Soc0.00Gov0.00
Freedom Holding logoFreedom Holding
Sig2.60Sen+6.20Env0.00Soc0.00Gov+2.70

S&P Global Ratings changed the long-term outlook for Nasdaq-listed Freedom Holding Corp. and four core operating units from stable to positive while affirming international ratings. It also upgraded national-scale ratings for Freedom Finance JSC and Freedom Bank Kazakhstan JSC. The agency cites expected moderate balance-sheet growth, diversified earnings, and continued development of group-wide risk management and consolidated compliance.

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