Moody’s upgrades forecast for Azerbaijan’s banking sector

Moody’s upgrades forecast for Azerbaijan’s banking sector
  • Clock-gray 12:47
  • calendar-gray 25 July 2019

Moody’s international rating agency upgraded the forecast of banking sector of Azerbaijan from “Stable” to “positive”, APA-Economics reports.

Continuously economic development and unprecedented support to family business are the main factors that impact the forecast.  

“The forecast reflects our expectations how credit capabilities of banks will change in 12-18 months period”, stated in the Agency’s information.

APA-Economics

Other news