BAKU, Azerbaijan, July 12. Moody's Ratings (Moody's) has upgraded to investment grade the rating of State Oil Company of the Azerbaijan Republic (SOCAR) by assigning Baa3 long-term issuer rating and ...

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

Akbar Novruz Read more Azerbaijan has officially entered the investment-grade category, following a sovereign credit rating ...

The Post has obtained leaked photos that show World Bank president Ajay Banga and his team living it up on a private jet.

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) Signs Memorandum of Understanding (MoU) with the Central Bank of the Republic of Azerbaijan to Enhance Islamic ...

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 International rating agency has raised the rating of long-term deposits in national and foreign currency of the Azerbaijani Bank of Baku, Trend reports citing Moody's.

Azerbaijan's biggest lender, International Bank of Azerbaijan (IBA) said on Thursday it had suspended payments on some of its liabilities and asked its foreign creditors for support while it ...

Moody's Investors Service has maintained its negative outlook on Azerbaijan's banking system for the next 12-18 months, reflecting the rating agency's view that the economy will remain in recession ...

The credit ranging agency Standard and Poor's has downgraded Azerbaijan’s debt rating by one notch to BB+ in a warning to potential investors that Azerbaijan’s government bonds are considered ...

Standard & Poor's Ratings Services said today that it had assigned its 'BB-' long-term and 'B' short-term counterparty credit ratings to Azerbaijan-based Kapital Bank OJSC.

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 ...