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Rating outlook of AMF improved

Rating outlook of AMF improved

25 October 2011 07:44 (UTC +04:00)

The fund told APA that, the AMF is the first organization in the country, which was awarded with such a high rating.

It should be noted that in 2010, Fitch Ratings equated the credit rating AMF to a rating of the country. News agency says the ratings reflect the status of the AMF Fund as state organizations, sovereign control, the Central Bank, as well as an important role in the Mortgage Fund national policy on housing finance. The ratings also reflect Fitch’s view of the currently available mechanisms to support the fund by the state.

AMF has provided more than eight thousand credits for AZN 325 million.

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