S&P upgrades Freedom Holding Corp.'s subsidiaries' credit ratings due to robust growth and compliance.
S&P Global Ratings has upgraded the long-term credit ratings of several subsidiaries of Freedom Holding Corp., including Freedom Finance Europe, from 'B' to 'B+'. This upgrade reflects the company's robust growth, diversified earnings, and strengthened compliance. The upgrades cover key subsidiaries operating in Kazakhstan and Europe, indicating a positive outlook for the financial services firm's capitalization and stability.
4 months ago
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