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Tag Archives: Standard & Poor’s

Standard & Poor’s Positively Estimates Starting Data of 2017 for Georgia

Standard & Poor’s Positively Estimates Starting Data of 2017 for Georgia

Standard & Poor’s positively estimates Q1, 2017 for Georgia.vDeputy Finance Minister has met analysts of International Rating Company. Nikoloz Gagua talked about the reforms and achieved economic growth of 4.8% through January-February.  Standard &Poor’s has assigned a credit rating of “BB-” level, the forecast “stable” and it will be reviewed …

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S&P: Azerbaijan’s Economic Growth Positive factor for Georgia

S&P: Azerbaijan's Economic Growth Positive factor for Georgia

Standard & Poor’s (S&P) Global Ratings affirmed its ‘BB-/B’ long- and short-term foreign and local currency sovereign credit ratings on the government of Georgia; the outlook is stable, the S&P said in a message. Georgia’s creditworthiness is supported by the country’s reasonably resilient economic growth and the government’s relatively prudent …

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Standard & Poor’s Affirms Azerbaijani Banks’ Ratings

Standard & Poor's Affirms Azerbaijani Banks’ Ratings

Standard & Poor’s Ratings Services said that it had revised its outlook on Azerbaijan-based Kapital Bank OJSC at ВВ-/В, PASHA Bank – ВВ-/В and Muganbank – В-/С. The rating actions follow the lowering of the agency’s ratings on Azerbaijan to ‘BB+/B’ from ‘BBB-/A-3’. “Nevertheless, in our view, the bank’s solid …

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