Baku - APA-Economics. Fitch Ratings has announced report “2015 Outlook: CIS and Georgian Banks”.
“The outlooks for banks in Azerbaijan, Belarus and Uzbekistan are stable, given already low ratings. However, challenges will increase as a result of lower oil prices (Azerbaijan) and the weak Russian economy (Belarus, Uzbekistan)”.
The 2015 outlooks for banking systems in the Commonwealth of Independent States (CIS) are dominated by geopolitics and oil.