07.12.2009 14:44
YEREVAN, December 4. /ARKA/. Moody's Investors Service international ratings agency left Armeconombank’s long-term Ba3 ratings on deposits in foreign and national currencies as well as D- financial stability rating unchanged in 2009, just as a year earlier, the press office of the bank reports.
Despite the adverse impact of the global recession on Armenia’s economy and particularly banking sector, Moody's Investors Service leaves Armeconomibank’s ratings unchanged the second consecutive year, the press release says.
“This circumstance proves that the bank’s position on the world market is sustainable and key activity indicators are growing stably.”
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