Fitch Ratings: effects of Armenia's defeat in Nagorno-Karabakh war likely to persist. | ArmBanks.am

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Fitch Ratings: effects of Armenia's defeat in Nagorno-Karabakh war likely to persist.

29.03.2021 14:02

Fitch Ratings: effects of Armenia's defeat in Nagorno-Karabakh war likely to persist.

YEREVAN, March 29, /ARKA/ Fitch Ratings said it has affirmed Armenia's Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at 'B+' with a Stable Outlook.

According to Fitch Ratings, Armenia's 'B+' IDRs reflect fairly high government and external indebtedness, relatively weak external finances and geopolitical tensions that have the potential to escalate into military conflict.

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Tags: Armenia, Fitch Ratings, Karabakh, war

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