Moody’s and S&P upgrade Gazprombank ratings to “BAA3” and “BB+”

|

USD

384.26

EUR

452.58

RUB

4.8832

GEL

141.37

09.02.2012, 15:02

Moody's credit ratings upgraded Russia’s third largest bank, Gazprombank’s sovereign credit rating to BAA3, Areximbank-Gazprombank Group press service told ARKA.

Moody’s and S&P upgrade Gazprombank ratings to “BAA3” and “BB+”

YEREVAN, February 9, /ARKA/. Moody's credit ratings upgraded Russia’s third largest bank, Gazprombank’s sovereign credit rating to BAA3, Areximbank-Gazprombank Group press service told ARKA.

It said another international rating agency, Standard & Poor's (S&P), has confirmed Gazprombank’s “ВВ+” rating.

It said also Gazprombank plays a large role in implementation of Russian government’s initiatives to support the banking sector and economy.

The bank also handles Gazprom’s operations. Gazprombank OAO (Russia) is the sole shareholder of Armenia-based Areximbank- Gazprombank Group CJSC. -0-

Ardshinbank summed up the raffle organized for Mastercard Business cardholders

On June 16, Ardshinbank summed up the raffle organized for Mastercard Business cardholders. An online gift raffle was organized and streamed on the bank’s official YouTube (https://www.youtube.com/live/N73Ho9ApFIs).

03.07.2025 14:32

Armenia's Investigative Committee explains reasons for search at Tashir Group headquarters in Yerevan

Armenia's Investigative Committee has announced the reasons for the search at the Tashir Group headquarters in Yerevan.

02.07.2025 17:16

Ardshinbank at the Forefront of Digital Security: Sponsor and Participant of BugBounty 2025 Event

Ardshinbank continues to advance its technological offerings by implementing innovative solutions and enhancing its digital environment.

02.07.2025 15:41

Armenian parliament greenlights nationalization of Electric Networks of Armenia

Armenia's National Assembly at an extraordinary session on Wednesday adopted in the first reading a set of amendments to the laws On the Public Services Regulatory Authority and On Energy, which allow the nationalization of the national power distribution company Electric Networks of Armenia (ENA), owned by a Russia-based businessman Samvel Karapetyan, president of Tashir Group of Companies.

02.07.2025 12:30

Unibank pays AMD 7.8 billion dividends to shareholders

Unibank summarised 2024 with a profit of 8.2 billion AMD, of which 7.8 billion AMD will be paid for dividends - almost twice as much as the previous year. The decision was taken at the shareholders’ annual general meeting of “Unibank” OJSC.

02.07.2025 11:50

Republic of Armenia put on notice of investment dispute for its actions against Samvel Karapetyan and Electrical Networks of Armenia

Samvel Karapetyan, a prominent businessman and a founder of Tashir Group, one of the largest group of companies in Eastern Europe, together with his family, sent a notice of investment dispute to the state officials of the Republic of Armenia.

01.07.2025 10:13

More than 100 trucks with Armenian brandy entered Russia – Papoyan

From June 1 to 29, 106 trucks loaded with Armenian cognac (brandy) crossed the Georgian-Russian border and entered Russia, 19 of them in the last three days, Armenian Economy Minister Gevorg Papoyan said.

30.06.2025 18:36

Almost 900 trucks with Armenian apricots crossed border with Russia in June – Papoyan

In June this year, 863 trucks loaded with Armenian apricots have already crossed the Russian customs border, 143 of them in the last wo days, Economy Minister Gevorg Papoyan said on his Facebook page.

30.06.2025 18:17