YEREVAN, March 16. /ARKA/. Moody's Investors Service has affirmed Armenian Ardshinbank's local currency deposit rating of B1, foreign-currency senior unsecured debt rating of B1, its baseline credit assessments (BCAs) and adjusted BCA of b1 and changed the outlook to positive from stable on the local-currency deposit rating of B1 and foreign-currency senior unsecured debt rating of B1.

Ardshinbank's foreign currency deposit rating of B2 has been affirmed with a stable outlook as the rating remains constrained by the foreign currency deposit ceiling.

Concurrently, Moody's has affirmed Ardshinbank's short-term deposit ratings of Not Prime, its long-term Counterparty Risk Assessments (CR Assessments) of Ba3(cr) and the short-term CR Assessment of Not Prime(cr). A full list of affected ratings can be found at the end of this press release.

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Moody’s Investors Service (“Moody’s”) has changed the outlook on Armenia’s rating to positive from stable and affirmed the B1 long-term issuer and senior unsecured debt ratings

Categories: Economy @en, General news, News, News of the hour | Comments Off on Moody’s changes outlook on Armenia’s rating to positive from stable; B1 rating affirmed

Tags: Armenia, B1, Moody's, rating, stable

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