[ad_1]
Fitch Scores worldwide score company raised the Lengthy-term Issuer Default Score (IDR) of Armeconombank by one notch from “B” to “B+” with a steady outlook. .
On the similar time, the Financial institution’s Viability Score (VR) was raised from “b” to “b+”.
“The improve of the Financial institution’s scores displays our view that appreciable enhancements in working profitability and capitalisation, which the Financial institution reported in 2022-2023, have proved sustainable.
The Financial institution’s asset-quality metrics are considerably higher than the sector common”-Fitch Scores reported.
[ad_2]
Source link
