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Tag: IDR

Fitch Ratings affirms Long-Term Issuer Default rating (IDR) of ACBA-CREDIT AGRICOLE BANK at B+ level with stable outlook

Banks
Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) of ACBA-CREDIT AGRICOLE BANK at the level of B + with a stable outlook, the Yerevan-based bank reported

Fitch affirms Yerevan’s IDR in foreign and national currencies at “B+”, “Stable” outlook

Economy
Fitch Ratings has confirmed Yerevan’s long-term issuer default ratings (IDR) in foreign and national currencies at “B+” with “Stable” outlook and also short-term foreign currency IDR at “B”

Fitch publishes Armenian Ardshinbank’s IDR at “B+”, outlook negative

Banks
International Fitch Ratings agency has published Armenian Ardshinbank’s Long-term Issuer Default Rating (IDR) at “B+”, outlook negative, the bank’s press office reports

Fitch Ratings affirms Armenia’s long-term foreign and local currency issuer default ratings (IDR) at ‘BB-‘ with a stable outlook

Economy
Fitch Ratings has affirmed Armenia's Long-term foreign and local currency Issuer Default Ratings (IDR) at 'BB-' with a Stable Outlook. The Country Ceiling has been affirmed at 'BB' and the Short-term rating at 'B'

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Armenia’s total state debt rose to $12.8 bln by December 2024.

Armenia's overall public debt as of December 31, 2024 amounted to $12,842,240,000, increasing by $274.4 million compared to November 30, 2024, the National Statistical Committee said.

Stepan Gishyan charity starts accepting  applications for grants up to AMD 5 million for 2025

The Stepan Gishyan charity foundation, run by Acba Bank, has announced today the launch of a grant competition, designed for legal entities.

Armenia’s SRC doesn’t see details of citizens’ transactions: committee head – on banking secrecy

“When we talk about access to bank secrecy of a person, we mean the amount of his/her transactions. There is no access to the details of the transactions,” the head of Armenian State Revenue Committee  (SRC) Eduard Hakobyan told  a parliamentary discussion today on the universal income declaration.

Euro jumps 3.4 points to AMD 413.36

The average market exchange rate of the U.S. dollar to the Armenian dram on February 5, 2025, totaled AMD 396.58, down 0.13 points compared to February 4.

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