Moody’s Ratings has affirmed Kazakhstan-based Eurasian Bank’s long-term local and foreign currency deposit ratings at Ba2, revising the outlook from negative to stable.
The agency cited the bank’s strong capitalization, substantial liquidity buffers, and improving asset quality. The share of problem loans fell to 10.2% at the end of 2025 from 15.8% a year earlier, while the tangible common equity to risk-weighted assets ratio stood at 20.1% at the end of March 2026. Moody’s could upgrade the ratings if asset quality improvements prove sustainable and profitability strengthens.