Yuri Gusev: VTB Bank Armenia suspends cooperation with Fitch RatingsAugust 17, 2010 - 14:17 AMT PanARMENIAN.Net - Director of the financial department of VTB Bank Armenia Yuri Gusev said that the bank suspended cooperation with Fitch Ratings, which has affirmed and withdrawn the ratings of VTBA, including its Long-term Issuer Default ratings (IDR) at 'BB'. “In compliance with VTB Group’s new strategy, the bank is not seeking outlet to international markets yet. Thus, decision was taken to suspend cooperation with Fitch,” he said. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |