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Table of Azerbaijani banks’ long-term credit ratings

Business Materials 7 November 2011 15:17 (UTC +04:00)

Azerbaijan, Baku, Nov.7 / Trend, N.Ismayilova /

Table of Azerbaijani banks' long-term credit ratings assigned 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 listed 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

There are 44 banks in Azerbaijan.

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