S&P Global Ratings upgrades rating of NC KTZ JSC on national Kazakhstan scale from "kzA+" to "kzAA-"

04-09-2025

International agency S&P Global Ratings upgraded rating of NC KTZ JSC on national Kazakhstan scale from "kzA+" to "kzAA-".

According to S&P Global Ratings, the rating upgrade reflects a positive trend in credit quality change.

S&P Global Ratings also affirmed the credit rating of NC KTZ JSC on the international scale and revised the outlook on the rating of NC KTZ JSC from "Stable" to "Positive".

The agency notes the important role of NC KTZ JSC in the transport sector of the Republic of Kazakhstan, taking into account the country's geographical location and economic structure.

Link to press release:

S&P Global Ratings Aug. 28

 

 

Press service of JSC «NC«Kazakhstan Temir Zholy»