In recent years, Azerbaijan’s banking sector has shown remarkable resilience and progressive growth, a trend strongly ...

Azerbaijan, Baku / Trend corr I. Khalilova / The International Bank of Azerbaijan (IBA) has retained its ambitious plans to increase its credit rating up to the sovereign rating of the country ...

Azerbaijan hosted presentation of a new credit rating model project, jointly created by the Azerbaijan Mortgage and Credit Guarantee Fund and KPMG Azerbaijan, a global company providing audit, tax ...

PanARMENIAN.Net - Azerbaijan was cut to junk by Fitch Ratings, which followed downgrades by the other two main credit companies, as the former Soviet Union’s third-biggest oil exporter is ...

Fitch Ratings has downgraded International Bank of Azerbaijan's (IBA) Long-term Issuer Default Rating (IDR) to 'BB' from 'BB+' and removed the rating from Rating Watch Negative (RWN). The Outlook ...

The credit ratings of US banks have come under the spotlight recently amid the banking crisis. SVB tried to avoid a ratings downgrade by selling bonds, but that backfired and caused a bank run ...

Azerbaijan’s gross domestic product shrank 3.3% in January from a year earlier Baku: Azerbaijan was cut to junk by Fitch Ratings, which followed downgrades by the other two main credit companies ...

Moody's Investors Service affirmed the 'B1' LT- foreign currency credit rating of Bank of Baku on July 8, 2025. The outlook is stable.

Moody’s Investors Service lowered the ratings for 10 banks, including US Bancorp, Bank of New York Mellon, State Street, and Truist Financial.

PASHA Bank became the first bank in Azerbaijan to apply SAP SuccessFactors solutions to align HR strategies with organizational goals, drive innovation, and improve workforce agility.

Moody's Investors Service affirmed the 'B1' LT- local currency credit rating of Bank of Baku on July 8, 2025. The outlook is stable.