#FITCH RATINGS
Former Finance Minister Names Key Risks to Armenia's Rating Following Fitch's Decision (EXCLUSIVE)
Fitch Ratings recently affirmed Armenia's sovereign rating at 'BB-' with a positive outlook, citing growing international reserves, resilient economic momentum, and reduced short-term risks of military escalation thanks to the US-backed peace framework with Azerbaijan.Influx of immigrants boosted Armenia’s fiscal performance in 2022 -Fitch Ratings
An influx of immigrants (estimated by the authorities at about 65,000) from Russia, Ukraine and Belarus, representing a 2.2% annual increase in the population, has boosted external as well as macroeconomic and fiscal performance, according to Fitch Ratings’ revised Outlook.Fitch Ratings reaffirmes Ardshinbank at 'B+', upgrading outlook to Stable
Fitch Ratings, an international credit rating agency, affirmed Ardshinbank’s Long-Term Issuer Default Rating at B+, upgrading Outlook to Stable from Negative. Fitch has also affirmed the bank’s Viability Rating at b+'.Fitch Ratings сuts near-term gas price assumptions
Fitch Ratings has reduced its 2022-2023 assumptions for European TTF gas prices and its 2022 US Henry Hub price, reflecting reduced gas demand in Europe primarily due to lower industrial consumption, ample LNG supplies, and a warm start to the 2022-2023 winter.Fitch Ratings raises its metals and mining price assumptions
Fitch Ratings has raised its metals and mining price assumptions, reflecting increased post-pandemic demand, tight markets and short-term supply disruptions, particularly due to the Russia-Ukraine conflict, Interfax news agency reports.Fitch forecasts Armenia’s real GDP growth to recover to 5.5% in 2021
Fitch Ratings has affirmed Armenia's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B+' with a Stable Outlook, saying the 'B+' IDRs reflect strong per-capita income, governance and business environment indicators relative to peers, as well as a robust macroeconomic and fiscal policy framework and credible commitment to reform that are underpinned by an IMF program.Fitch Ratings revises its rating and sector outlooks to stable for 2017 from negative in 2016
Fitch Ratings said it has revised its rating and sector Outlooks to Stable for 2017 from Negative in 2016 as it expects that continued healthy economic growth – driven by external trade combined with a moderate recovery in domestic demand – and relative currency stability will support gradual improvements in banking sector profitability and asset quality.News 1 - 20 of 21
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