Bank Of Baku

Prognosis on Azerbaijan’s credit rating rose to Positive from Stable

Prognosis on Azerbaijan’s credit rating rose to Positive from Stable
# 17 May 2011 15:58 (UTC +04:00)
According to Agency’s information, changing of Azerbaijan’s forecast on rating was carried out as an oil income intermediary in management of state management and strengthening of BoP.

Affirmation of BB- credit rating for Azerbaijan creates opportunity on keeping of international financial community’s confidence to our country, Azerbaijan’s accessing to international capital market more easily.

Fitch Rating has affirmed first rating for Azerbaijan in 2000.
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