Fitch Ratings downgraded Azerbaijan Mortgage Fund

Cavid Əzimov
Author

Baku. 3 March. REPORT.AZ/ Fitch Ratings has downgraded Azerbaijan Mortgage Fund under the Central Bank of Azerbaijan Republic's (AMF) Long-term foreign and local currency Issuer Default Ratings (IDRs) to 'BB+' from 'BBB-'. The Outlook is Negative. Report informs referring to the agency.

The rating actions follow Fitch's recent downgrade of Azerbaijan's Long-term foreign and local currency IDRs to 'BB+' from 'BBB-'. The Negative Outlook reflects that of the sovereign. The Country Ceiling has been revised to 'BB+' from 'BBB-'.

Other News

Taleh Kazimov: Azerbaijan-US economic co-op reaches strategic stage 11 February, 2026 / 12:52
Investments in Azerbaijan's economy up nearly 76% 11 February, 2026 / 11:44
Consumer prices in Azerbaijan rise 5.7% in January 11 February, 2026 / 11:16
CBA currency exchange rates (11.02.2026) 11 February, 2026 / 09:25
Key indicators of world commodity, stock, and currency markets (11.02.2026) 11 February, 2026 / 09:04
43% of business loans in Azerbaijan fully secured 10 February, 2026 / 17:44
AIIB approves $180 million loan to expand Baku metro 10 February, 2026 / 17:07
Azerbaijan's Compulsory Insurance Bureau developing Incident Map 10 February, 2026 / 15:47
Central Bank of Azerbaijan, Visa mull security of cross-border remittances 10 February, 2026 / 15:14
Azerbaijan prepares new projects on compulsory passenger insurance 10 February, 2026 / 14:30
Bureau of Compulsory Insurance's investment portfolio yield exceeds forecasts in Azerbaijan 10 February, 2026 / 12:27
Azerbaijani State Social Protection Fund posts 9% growth in expenditures 10 February, 2026 / 10:37
CBA currency exchange rates (10.02.2026) 10 February, 2026 / 09:46
Key indicators of world commodity, stock, and currency markets (10.02.2026) 10 February, 2026 / 09:25
Ilham Aliyev: Azerbaijan enjoys fruitful cooperation with Visa 10 February, 2026 / 08:38
Azerbaijan and Slovenia Finance Ministries plan to sign Memorandum of Understanding 09 February, 2026 / 17:29
Azerbaijan implemented 385 projects in liberated territories in 2025 09 February, 2026 / 15:52
Azerbaijan, Luxembourg explore cooperation in financial sector 09 February, 2026 / 13:50
IMF executive visits Aghdam, Khankandi, and Shusha in Azerbaijan 09 February, 2026 / 12:01
Gold prices exceed $5,000 per ounce 09 February, 2026 / 10:53