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#FITCH RATINGS
Economy
Fitch ratings revises Armenia's economic growth projections
Fitch Ratings updated its economic growth forecast for Armenia on Saturday
29.07.2024, 11:09
Economy
Fitch Ratings: oil price shock would hit 2024 growth and boost inflation
Higher-than-expected oil prices in a scenario where the Middle East conflict disrupts oil supply would cause lower economic growth and higher inflation, Fitch Ratings says.
13.11.2023, 15:59
Economy
S&P and Fitch look at liquidity, when revising Armenia's credit ratings - former finance minister
S&P Global Ratings and Fitch Ratings look at liquidity, when revising Armenia’s sovereign credit ratings, former finance minister Vardan Aramyan said in an interview with 168.am.
01.09.2023, 09:25
Economy
Fitch Ratings Revises Global Metals and Mining Price Assumptions
Fitch Ratings has revised its global metals and mining price assumptions, increasing short- and medium-term prices for copper, iron ore, coking coal, gold and nickel.
15.03.2023, 10:25
Economy
Fitch revises Outlook for Acba Bank to Positive from Stable
Fitch Ratings has revised Armenian ACBA BANK Open Joint-Stock Company's (ACBA) Outlook to Positive from Stable.
03.03.2023, 11:55
Business
Fitch Ratings upgrades Ardshinbank’s outlook to Positive
Fitch Ratings, an international credit rating agency, affirmed Ardshinbank’s Long-Term Issuer Default Rating at B+, upgrading Outlook to Positive from Stable.
22.02.2023, 19:05
Business
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.
12.02.2023, 19:12
Economy
Fitch Revises Armenia's Outlook to Positive; Affirms at 'B+'
Fitch Ratings has revised the Outlook on Armenia's Long-Term Foreign-Currency Issuer Default Rating (IDR) to Positive from Stable and affirmed the IDR at 'B+'.
12.02.2023, 19:04
Business
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+'.
09.12.2022, 12:15
Economy
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.
07.12.2022, 10:20
Economy
Fitch Ratings Affirms Armenia at 'B+'; says Outlook Stable
Fitch Ratings has affirmed Armenia's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B+' with a Stable Outlook.
05.09.2022, 10:16
Economy
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.
22.03.2022, 09:54
Business
Fitch Ratings: Russian Air Traffic More Resilient to Pandemic than European Peers
Russian airport traffic has been more resilient to pandemic shocks than that of European airports thanks to a quick recovery of its sizable domestic travel market, Fitch Ratings said.
19.01.2022, 11:23
Economy
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.
27.09.2021, 19:17
Economy
Armenia's overall public debt grows to $7.97 billion
Armenia's total public debt amounted to $7.968.5 billion at the end of 2020, having surged by $647.2 million from the previous year, according to a finance ministry's report.
25.01.2021, 13:18
Economy
Fitch Downgrades Armenian City of Yerevan to 'B+'; Outlook Stable
Fitch Ratings has downgraded the Armenian City of Yerevan's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'B+' from 'BB-'. The Outlook is Stable.
12.10.2020, 16:01
Business
Fitch Ratings affirms long-term Issuer Default Rating (IDR) of ACBA-CREDIT AGRICOLE BANK at B+ level
Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) of ACBA-CREDIT AGRICOLE BANK at the level of B + with a stable outlook, the Yerevan-based bank reported.
04.04.2019, 18:34
Business
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.
12.12.2016, 17:53
Business
Fitch Ratings to assign public finance management rankings to Armenian capital city
The Municipality of Yerevan and Fitch Ratings have signed today an agreement on the assignment of international public finance management rankings to the Armenian capital city.
16.09.2016, 18:06
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Popular
The state provides subsidies to all those air carriers that bring tourists to Armenia, RA Minister of Economy Gevorg Papoyan said in parliament on Monday during the discussion of the report on the implementation of the Armenian state budget for 2024.
Papoyan presented the principles of providing subsidies to airlines
