{"id":260223,"date":"2025-02-06T16:27:33","date_gmt":"2025-02-06T12:27:33","guid":{"rendered":"https:\/\/armbanks.am\/?p=260223"},"modified":"2025-02-06T16:27:34","modified_gmt":"2025-02-06T12:27:34","slug":"fitch-ratings-affirms-acba-banks-long-term-foreign-currency-issuer-default-rating-at-bb","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2025\/02\/06\/260223\/","title":{"rendered":"Fitch Ratings affirms ACBA Bank\u2019s \u00a0Long-Term Foreign-Currency \u00a0Issuer Default Rating at &#8216;BB-&#8216;\u00a0"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">YEREVAN, February 6. \/ARKA\/. Fitch Ratings has affirmed ACBA Bank OJSC&#8217;s (ACBA) Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at &#8216;BB-&#8216; and its Viability Rating (VR) at &#8216;bb-&#8216;.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Outlook is Stable, Acba Bank said in a press release.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The rating assigned by Fitch reflects the bank&#8217;s strong financial position, solid capital position and improved asset quality. The bank&#8217;s stable outlook reflects its ability to navigate the competitive landscape and contribute to Armenia&#8217;s economic development.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Fitch emphasized that Akba Bank&#8217;s asset quality and financial stability remain strong.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The bank is supervised by the Central Bank of Armenia. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fitch Ratings has affirmed ACBA Bank OJSC&#8217;s (ACBA) Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at &#8216;BB-&#8216; and its Viability Rating (VR) at &#8216;bb-&#8216;.<\/p>\n","protected":false},"author":5,"featured_media":260208,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15645],"class_list":["post-260223","post","type-post","status-publish","format-standard","has-post-thumbnail","category-banks-en-en","category-news","tag-fitch-2"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - 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