Uzbekistan-based Hamkorbank outlook revised to positive

09.10.2019

S&P Global Ratings revised its outlook on Uzbekistan-based Hamkorbank JSCB to positive from stable. At the same time, we affirmed our ‘B+/B’ long- and short-term issuer credit ratings on the bank.

The agency believe that Hamkorbank’s creditworthiness may benefit from the bank’s long track record of sustainably high operating performance, supported...