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

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.

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 ...

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 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 ...

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.