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Table of long-term credit ratings of Azerbaijani banks

Business Materials 31 October 2011 10:50

Azerbaijan, Baku, Oct. 31 /Trend, N.Ismayilova/

Table of long-term credit ratings of Azerbaijani banks assigned to them by international rating agencies - Fitch Ratings, Moody's and Standard & Poor's.

            

Fitch Ratings

Moody's

Standard & Poor's

International Bank of Azerbaijan

BBB-/Negative

Ba2/ Negative

-

AGBank

B-/Stable

-

B-/Negative

Unibank

B-/Stable

-

-

Kapital Bank

B+/Stable

-

-

Technikabank

B-/Stable

B3/ Stable

-

AccessBank

BB+/Stable

-

-

Demirbank

B-/Stable

-

-

Xalq Bank

-

B3/Stable

-

Bank of Baku

-

B2/ Stable

-

Muganbank

-

-

CCC+/ Stable

Ratings used in the table:

Fitch Ratings: Long term issuer default rating

Moody's: Long term bank deposits rating

Standard & Poor's: Long term foreign currency corporate credit rating

A total of 44 banks operate in Azerbaijan

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