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Moody's affirms ABB's credit rating - UPDATED

15 June 2026 18:30 (UTC +04:00)

International rating agency Moody’s has reviewed ABB’s ratings and affirmed the Bank’s long-term deposit rating at Ba1. The Bank’s rating outlook has been assessed as Stable.

The Bank’s Baseline Credit Assessment (BCA) rating was affirmed at ba2, while its Long-term foreign and local currency Counterparty Risk Ratings (CRRs) and Counterparty Risk Assessment (CR Assessment) ratings were affirmed at Baa3.

According to the agency’s experts, these high ratings are based on the strong market position, competitiveness and sustainable profitability of Azerbaijan’s largest state-owned bank.

The Bank maintains high capital adequacy and liquidity levels, while a significant portion of its assets is invested in high-quality financial instruments. ABB continues to hold a leading position in the country’s banking sector, and its financial indicators support its rating level.

Moody’s also noted ABB’s intention to acquire a controlling stake in Davr Bank, a private bank operating in Uzbekistan. It stated that ABB’s stake in Davr Bank would be equivalent to approximately 12% of ABB’s assets.

Recall that the Ba1 rating, maintained since July last year, is the highest rating Moody’s has assigned to ABB.

Detailed information about ABB’s modern, useful and universal products and services can be obtained from the Bank’s branches and offices, ABB’s official website, the Information Center at 937, as well as the Bank’s official social media pages.

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10:21

International rating agency Moody's has affirmed the long-term deposit rating of Azerbaijan's largest bank, ABB, at Ba1 and maintained the outlook at "stable," APA-Economics reports.

Moody's justified its decision by the bank's strong market position, solid profitability, high capitalization level, and sufficient liquidity reserves.

According to the agency's assessment, ABB maintains a leading position in the country's banking sector, and its financial indicators support the rating level.

Moody's also noted that in May 2026, ABB announced its intention to acquire a controlling stake in Davr Bank, which operates in Uzbekistan. According to the agency, Davr Bank, which specializes in retail lending, is equivalent to approximately 12% of ABB's assets.

Note that the Ba1 rating is considered one notch below investment grade.