YEREVAN, June 17. /ARKA/. Moody’s Ratings affirmed Unibank B1 long-term local and foreign currency bank deposit ratings and maintained the stable outlook.
Concurrently, Moody’s affirmed the bank’s b2 Baseline Credit Assessment (BCA) and Adjusted BCA, NP short-term local and foreign currency bank deposit ratings, the bank’s B1/NP long-term and short-term local and foreign currency Counterparty Risk Ratings (CRRs) and the B1(cr)/NP(cr) long-term and short-term Counterparty Risk Assessments (CR Assessments).
The affirmation of the ratings reflects Unibank’s materially improved asset quality, robust profitability and limited reliance on market funding.
