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CIS banks’ credit profiles hurt by weak corporate governance, while in Armenia this is less noticeable – Moody’s

19.03.2019 22:16

CIS banks’ credit profiles hurt by weak corporate governance, while in Armenia this is less noticeable – Moody’s

YEREVAN, March 19. /ARKA/. Banks in the Commonwealth of Independent States generally have weaker corporate governance than peers in other regions and this is harming their credit profiles, Moody's Investors Service says in a report published yesterday.

According to Moody’s, of the Commonwealth’s 101, 18 banks with BCA show negative corrections on corporate behavior.

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Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on CIS banks’ credit profiles hurt by weak corporate governance, while in Armenia this is less noticeable – Moody’s

Tags: Armenia, Banks, CIS, credit profiles, Moody's

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