Fitch Ratings affirms AMF’s rating at BB+ with negative outlooks

 Fitch Ratings affirms AMF’s rating at BB+ with negative outlooks
  • Clock-gray 07:31
  • calendar-gray 02 March 2017

Fitch Ratings has affirmed OJSC Azerbaijan Mortgage Fund's (AMF) Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at 'BB+' with Negative Outlooks.

 

AMF's ratings are equalised with Azerbaijan's sovereign ratings (BB+/Negative), reflecting the entity's strong legal linkage with the republic, strategically important role to the state's housing finance policy and the state's tight state control over AMF's activities.

 

 

 

Other news