{"id":88790,"date":"2015-06-18T11:48:16","date_gmt":"2015-06-18T11:48:16","guid":{"rendered":"https:\/\/armbanks.am\/2015\/06\/18\/243076\/"},"modified":"2024-12-15T13:18:37","modified_gmt":"2024-12-15T13:18:37","slug":"fitch-publishes-armenian-ardshinbanks-idr-at-b-outlook-negative","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2015\/06\/18\/88790\/","title":{"rendered":"Fitch publishes Armenian Ardshinbank\u2019s IDR at \u201cB+\u201d, outlook negative"},"content":{"rendered":"<p><strong>YEREVAN, June 18. \/ARKA\/.<\/strong> International Fitch Ratings agency has published Armenian Ardshinbank\u2019s Long-term Issuer Default Rating (IDR) at \u201cB+\u201d, outlook negative, the bank\u2019s press office reports.<\/p>\n<p>This means the bank\u2019s rating is now similar to the country\u2019s ceiling, which is the best indicator for a private company.<\/p>\n<p>In January 2015, Fitch lowered Armenia\u2019s local and foreign currency IDR from \u201cBB-\u201c to \u201cB+\u201d, with outlook kept stable.<\/p>\n<p>Ardshinbank is the only company in Armenia having ratings from two international rating agencies \u2013 Moody\u2019s and Fitch, says the bank\u2019s report.<\/p>\n<p>Ardshinbank CJSC (Ardshininvestbank before renamed Ardshinbank on November 13, 2014) was registered in February 2003. Ardshinbank has 55 branches, one of the largest branch networks in the country.<\/p>\n<p>The bank\u2019s assets totaled AMD 370.1 billion in the first quarter of this year (1% growth) and liabilities AMD 321.9 billion (0.8% growth).<\/p>\n<p>Its total capital amounted to AMD 48.2 billion (2.3% growth) and loan portfolio AMD 239.1 billion (8.7% growth).<\/p>\n<p>The bank\u2019s net profit for the 1st Q 2015 amounted to AMD 725.6 million. ($1 \u2013 AMD 474.44). \u20130&#8211;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>International Fitch Ratings agency has published Armenian Ardshinbank\u2019s Long-term Issuer Default Rating (IDR) at \u201cB+\u201d, outlook negative, the bank\u2019s press office reports<\/p>\n","protected":false},"author":1,"featured_media":165161,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15717,15837,13494],"class_list":{"0":"post-88790","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-ardshinbank-2","10":"tag-armenia-2","11":"tag-idr"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/88790","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=88790"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/88790\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/165161"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=88790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=88790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=88790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}