Fitch Has Upgraded Ardshinbank’s Outlook From Stable to Positive
22.01.2026,
14:17
Fitch Ratings, an international rating agency, has upgraded Ardshinbank's rating outlook from Stable to Positive, affirming the Bank's Long-Term Issuer Default Rating (IDR) at ‘BB-‘ and Viability Rating (VR) at ‘bb-‘.
YEREVAN, January 22. /ARКА/. Fitch Ratings, an international rating agency, has upgraded Ardshinbank's rating outlook from Stable to Positive, affirming the Bank's Long-Term Issuer Default Rating (IDR) at ‘BB-‘ and Viability Rating (VR) at ‘bb-‘.
In its commentary on the rating, Fitch highlighted the Bank's leading position, stable asset quality, and high levels of capitalization, liquidity and profitability. As a result, the Bank’s rating is aligned with that of the Republic of Armenia.
Ardshinbank is the only company in Armenia to be rated by all three of the world’s leading rating agencies: Standard & Poor’s, Moody’s, and Fitch.
The Bank is regulated by the Central Bank of the Republic of Armenia.
In its commentary on the rating, Fitch highlighted the Bank's leading position, stable asset quality, and high levels of capitalization, liquidity and profitability. As a result, the Bank’s rating is aligned with that of the Republic of Armenia.
Ardshinbank is the only company in Armenia to be rated by all three of the world’s leading rating agencies: Standard & Poor’s, Moody’s, and Fitch.
The Bank is regulated by the Central Bank of the Republic of Armenia.
