Baku 16° C
Fitch Ratings downgraded Azerbaijan Mortgage Fund
Finance
- 03 March, 2016
- 06:36
Add Report.az to preferred Google sources
Stay up to date with the top news!
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-'.
Author
Latest News
19:50
Photo
Azerbaijan, Somalia explore cultural ties and experience exchange
Cultural policy
19:35
Azerbaijan's Central Bank plans AI governance guidance by year-end
Finance
19:26
Photo
Leyla Aliyeva and Arzu Aliyeva attend concert presented as part of 'Aria of Heaven' project
Cultural policy
19:22
Photo
Azerbaijan, Maldives discuss prospects for cultural cooperation
Cultural policy
19:06
UK pledges additional £10 billion in aid to Ukraine, Zelenskyy says
Other countries
18:52
Azerbaijan, Türkiye discuss economic, trade and customs cooperation
Foreign policy
18:42
Photo
Azerbaijan, Rwanda discuss prospects for cultural cooperation
Cultural policy
18:31
AzeriCard's new scoring product to help lenders analyze payment behavior
Finance
18:23
TURKPA chief, Turkish vice president discuss Azerbaijan–Türkiye ties
Foreign policy