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

Azerbaijan has officially entered the investment-grade category, following a sovereign credit rating upgrade by international ...

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 ...

Standard & Poor's predicts that Azerbaijan's GDP will grow by an average of 3.9 percent in 2022-2024. The agency added that the banking sector of the CIS countries is subject to high credit risks.

BAKU, Azerbaijan, July 4. Moody's Ratings, an international rating agency, has upgraded the sovereign credit rating of Azerbaijan from Ba1 to Baa3 (investment grade), maintaining the rating outlook at ...

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 ...

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 ...

BAKU, Azerbaijan, October 17. The Fitch Ratings international agency has revised the outlook on the 'b+' operating environment score for Azerbaijani banks to positive from stable, Trend reports. "This ...

Total banking assets have grown steadily, with the loan portfolio reaching AZN27.88bn by the end of March 2025, a 1.32% increase from the previous month. Meanwhile, the non-performing loan (NPL ...

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

The overdue debt ratio in Azerbaijan's banking sector fell to a record low of 1.8% (2.9% at end-2022) of the total loan portfolio at end-2023, helpe ...

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