{"id":44646,"date":"2012-11-30T14:45:47","date_gmt":"2012-11-30T14:45:47","guid":{"rendered":"https:\/\/armbanks.am\/2012\/11\/30\/237027\/"},"modified":"2024-12-15T13:01:09","modified_gmt":"2024-12-15T13:01:09","slug":"armenias-central-bank-stops-rating-armavia-and-valetta","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2012\/11\/30\/44646\/","title":{"rendered":"Armenia\u2019s Central Bank stops rating Armavia and Valetta"},"content":{"rendered":"<p><strong>YEREVAN, November 30. \/ARKA\/. <\/strong>Armenia\u2019s Central Bank told ARKA Friday it had stopped rating two companies.<\/p>\n<p>The first company is Armavia national air carrier. The rating was stopped on the request of the company. CBA rated Armavia C+ as of 23 July, 2010.<\/p>\n<p>Moreover, CBA also stopped rating Valetta Ltd. on the company\u2019s own request. CBA rated Valetta C- as of 25 February 2011.<\/p>\n<p>Mikhail Bagdasarov, the owner of Armenia\u2019s national air carrier Armavia, founded in 1996, has put the airline for sale. The company started facing the issues last year. Armenia\u2019s main airport Zvartnots has several times suspended Armavia flights due to the company\u2019s debts. In 2013 Armavia can lose the flight permit license.<\/p>\n<p>Valetta Ltd. has been operating in Armenia since 1990. It focuses on commerce (export-import, wholesale-retail), fast-food (SFC), coffee and tea production, development of enterprises, which gain independent status afterwards. The structure united processing enterprises, restaurants, network of shops, household appliances import companies.<\/p>\n<p>Armenia\u2019s Central Bank first published the rating of the Armenian enterprises in September 2005. The rating contained 30 companies, of them 15 were highly rated.<\/p>\n<p>CBA publishes the names of only those companies, which were highly rated. If the companies receive a low rating, CBA can publish their names only with their consent.\u20140-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenia\u2019s Central Bank told ARKA Friday it had stopped rating two companies<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[13287,15837,12361,13288,12759],"class_list":["post-44646","post","type-post","status-publish","format-standard","category-banks-en-en","category-news","tag-armavia","tag-armenia-2","tag-cba","tag-valetta","tag-central-bank-governor"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"description\" content=\"Armenia\u2019s Central Bank told ARKA Friday it had stopped rating two companies\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"admin\"\/>\n\t<meta name=\"google-site-verification\" content=\"l8sdBd3STQ6A37MF5AO_21FEwNPHg9tRpooOo3Wx_eQ\" \/>\n\t<meta name=\"keywords\" content=\"armavia,armenia,cba,valetta,central bank governor\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/armbanks.am\/en\/2012\/11\/30\/44646\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.8\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n\t\t<meta name=\"twitter:title\" content=\"Armenia\u2019s Central Bank stops rating Armavia and Valetta - 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