Bank Of Baku

Moody’s says improved relations with Armenia are a positive factor for Azerbaijan’s rating

Moody’s says improved relations with Armenia are a positive factor for Azerbaijan’s rating
# 17 January 2026 08:32 (UTC +04:00)

Improvement in relations with Armenia is a positive factor for Azerbaijan’s credit rating, APA reports, citing international rating agency Moody’s Ratings.

It was noted that Material improvements in economic and diplomatic ties with Armenia that reduces risk of a reescalation in geopolitical tensions will also be credit positive.

Recall that Moody’s has maintained Azerbaijan’s long-term issuer rating at Baa3 and kept the outlook at positive.

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