YEREVAN, August 21, /ARKA/ Moody's Investors Service says that Armenia's B1 issuer rating is supported by the country's track record of robust economic and financial management through effective fiscal and monetary policies, and high debt affordability.

The economy is recovering solidly in 2017, on the back of an accommodative monetary policy and strengthening external demand. In addition, fiscal consolidation is in train to arrest a build-up in debt, following a period of expansionary fiscal policy.

Moreover, credit-positive commitments to pension and tax reform, trade liberalization and increasing infrastructure investment aim to boost the economy's productive capacity and address the country's low savings levels.

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Reforms in Armenia’s energy sector will improve the country’s Moody’s sovereign rating, Ashot Manukyan, energy infrastructures and natural resources minister, said on Friday as he met with a representative of Moody’s

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Moody’s Investors Service, (“Moody’s”) has today upgraded the long-term local and foreign-currency deposit ratings of Armenia’s Unibank to B2 with stable outlook, the bank’s press office reported on Friday

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Moody’s Investors Service rating agency confirmed the rating of Unibank’s long-term deposits in drams and foreign currencies at B3 in August 2016, changing the outlook to ‘Positive’, the bank’s press office reported on Friday

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Tags: Armenia, Deposits, Moody's, rating, Unibank

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Moody’s Investors Service has today taken rating actions on the two Armenian banks — Ardshinbank CJSC and VTB Bank (Armenia)

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Moody’s Investors Service said today that after benefiting from one-time boosting effects in the agriculture and mining sectors

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Moody’s Investors Service, (“Moody’s”) downgraded Friday Armenia’s long-term issuer and senior unsecured debt ratings to B1 from Ba3. Concurrently

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Moody’s Investors Service has affirmed Unibank’s baseline credit assessment (BCA) of b3, adjusted BCA of b3, counterparty risk assessment of B1(cr)NP(cr) and B2/NP bank deposit ratings

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YEREVAN, January 20. / ARKA /. Moody’s Investors Service has downgraded the long-term local-currency deposit and foreign-currency senior unsecured debt ratings of Ardshinbank to Ba3 from Ba2, and downgraded Ardshinbank’s and VTB Bank (Armenia)’s foreign-currency deposit ratings to B1 from Ba3. The outlook on the two banks’ ratings has been changed to negative from stable. […]

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Moody’s Investors Service has today assigned a negative outlook to Russia’s Baa1 government bond rating and confirmed the rating. This action concludes the review for downgrade that Moody’s initiated on 28 March 2014

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