YEREVAN, October 6. \/AR\u041a\u0410\/. The international rating agency Moody’s has assigned Armenian Acba Bank a long-term national and foreign currency deposit rating, along with an issuer rating of Ba3, which comes with a stable outlook, as reported by the bank’s press service.<\/p>\n\n\n\n
This rating corresponds with the rating of the Republic of Armenia and currently represents the highest rating that Moody’s has awarded in Armenia.<\/p>\n\n\n\n
The assignment of this rating to the bank is based on its robust capital buffers and capacity to absorb losses, along with its high profitability, superior asset quality, and a diversified loan portfolio.<\/p>\n\n\n\n
Moody’s further highlights Acba Bank’s systemic significance within the Armenian financial market, noting that it is one of the three largest banks in terms of asset size.<\/p>\n\n\n\n
The Ba3 rating given to Acba Bank by Moody’s is also equivalent to the BB rating that Fitch Ratings has assigned to the bank, which aligns with Armenia’s overall rating.<\/p>\n\n\n\n
Acba Bank is under the control of the Central Bank of the Republic of Armenia.-0-<\/p>\n","protected":false},"excerpt":{"rendered":"
The international rating agency Moody’s has assigned Armenian Acba Bank a long-term national and foreign currency deposit rating, along with an issuer rating of Ba3, which comes with a stable outlook, as reported by the bank’s press service.<\/p>\n","protected":false},"author":5,"featured_media":267162,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[1149],"class_list":{"0":"post-267167","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-moodys"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/267167","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\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=267167"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/267167\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/267162"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=267167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=267167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=267167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}