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Russian oil company Rosneft OJSC upgraded to ‘BBB’

YEREVAN, April 17. /ARKA/. Russian state-owned Oil Company Rosneft OJSC (Rosneft) has completed the acquisition of TNK-BP International Ltd. for $44.4 billion in cash and 12.84% of its treasury stock. S&P now assesses Rosneft’s business risk profile as “satisfactory,” its financial risk profile as “aggressive,” and the likelihood of extraordinary support from the Russian government to the company as “very high.” S&P raised its rating on Rosneft to ‘BBB’ from ‘BBB-‘ and removed it from CreditWatch positive. The stable outlook reflects the expectation that the company will refinance its very large bridge financing and not further increase its Standard&Poor’s-adjusted debt through shareholder payouts or additional investments, according to AlacraStore. –0–

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Moody’s affirms Armenian government ratings at Ba3 with stable outlook

On June 26, 2025, Moody's affirmed the long-term issuer ratings in national and foreign currencies and senior unsecured debt in foreign currency of the Armenian government at Ba3, maintaining the stable outlook, the press service of the Ministry of Finance of Armenia reported.

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Top 10 banks of Armenia by loan portfolio for 1st H 2020

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Net inflow of remittances to Armenia from abroad increased by 13.9% over 5 months

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Arka news agency’s ranking of most profitable Armenian banks in 2019

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