 Moody's upgrades IDBank's long-term deposit ratings to B1, changes outlook to stable from positive December 14, 2023 - 10:59 AMT PanARMENIAN.Net - Moody's Investors Service ("Moody's") has upgraded IDBank's long-term local and foreign currency bank deposit ratings to B1 from B2 and changed the outlook on these ratings to stable from positive. Concurrently, Moody's upgraded the bank's Baseline Credit Assessment (BCA) and Adjusted BCA to b1 from b2, upgraded the bank's long-term local and foreign currency Counterparty Risk Ratings (CRRs) to Ba3 from B1, and upgraded the long-term Counterparty Risk Assessment (CR Assessment) to Ba3(cr) from B1(cr).   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 |  Latest news Government reveals details from Pashinyan’s meeting in border village  Prime Minister Nikol Pashinyan has met with a group of residents of a border village in Armenia’s northern Tavush provinceNarek Manasyan wins European Boxing Championships silver for Armenia Armenia’s Narek Manasyan (92kg) won Armenia’s second silver medal at the European Boxing Championships 2024 on April 28.Blinken urges Azerbaijan to continue negotiations with Armenia Secretary of State Antony J. Blinken has urged Azerbaijani President Ilham Aliyev to continue negotiations with Armenia.Pashinyan, Blinken talk Armenia-U.S. ties over the phone Prime Minister Nikol Pashinyan had a phone conversation with US Secretary of State Antony Blinken on April 28, Pashinyan’s office reports. |
