
S&P Global Ratings has upgraded the long-term issuer credit rating of Freedom Finance Europe Ltd., which operates under the Freedom24 brand, from ‘B’ to ‘B+’.
According to the announcement, this improvement reflects a broader enhancement of ratings for Freedom Holding Corp.’s subsidiaries, with Freedom Finance JSC, Freedom Finance Global PLC, and Freedom Bank Kazakhstan JSC also receiving upgrades to ‘B+’.
Meanwhile, the short-term ratings of all four subsidiaries were affirmed