{"id":250794,"date":"2023-03-03T09:44:03","date_gmt":"2023-03-03T09:44:03","guid":{"rendered":"https:\/\/armbanks.am\/2023\/03\/03\/250794\/"},"modified":"2023-03-03T09:44:03","modified_gmt":"2023-03-03T09:44:03","slug":"fitch-upgrades-outlook-for-acba-bank-to-positive-from-stable","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2023\/03\/03\/250794\/","title":{"rendered":"Fitch upgrades outlook for Acba Bank to Positive from Stable"},"content":{"rendered":"\n<p><strong>YEREVAN, March 3.\/ ARKA\/. <\/strong>Fitch Ratings has revised Armenian ACBA BANK Open Joint-Stock Company&#8217;s\u00a0 (ACBA) Outlook to Positive from Stable. Its Long-Term Issuer Default Ratings (IDRs) has been affirmed at &#8216;B+, Acba Bank said today.<\/p>\n\n\n\n<p>The Positive Outlook on the bank&#8217;s rating reflects the agency&#8217;s&nbsp; view that Armenia&#8217;s buoyant economic growth, strengthening sovereign credit profile and improving external finances would improve the bank&#8217;s operating environment, and underpin the stability of the banks&#8217; key credit metrics.<\/p>\n\n\n\n<p>Fitch expects also positive economic conditions to persist and to further contribute to revenue and credit growth in the sector.<\/p>\n\n\n\n<p>It anticipates that these positive developments will result in sustained strengthening of the bank&#8217;s financial profiles, in particular with respect to their profitability, capitalization, funding and liquidity.<\/p>\n\n\n\n<p>Acba bank is controlled by the Central Bank of Armenia. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fitch Ratings has revised Armenian ACBA BANK Open Joint-Stock Company&#8217;s\u00a0 (ACBA) Outlook to Positive from Stable. Its Long-Term Issuer Default Ratings (IDRs) has been affirmed at &#8216;B+, Acba Bank said today<\/p>\n","protected":false},"author":1,"featured_media":203206,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15645],"class_list":{"0":"post-250794","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news","9":"tag-fitch-2"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/250794","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=250794"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/250794\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/203206"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=250794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=250794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=250794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}