® Fitch has once again upgraded ABB Bank’s ratings!
Fitch Ratings has reviewed ABB Bank’s ratings and upgraded the Bank’s Long-Term Issuer Default Rating from BB to BB+. At the same time, ABB Bank’s Viability Rating was upgraded from bb to bb+. The rating outlook is Stable.
These are the highest ratings assigned to ABB Bank by Fitch in the past 15 years. Overall, ABB Bank currently holds the highest international ratings in the country’s financial sector.
The upgrade reflects ABB Bank’s continued strong financial profile and improved risk profile. According to Fitch experts, the Bank has a strong market position, a resilient balance-sheet structure and robust financial metrics. In the medium term, the Bank’s loan portfolio is expected to continue growing, while asset quality and profitability are projected to remain strong.
Information about ABB Bank’s modern, useful and universal products and services is available at the Bank’s branches and service offices, on its official website at https://abb-bank.az/, through the Information Centre by calling 937, and on the Bank’s official corporate social-media pages.
FEEDBACK
Other news in this section
- 22.09.2026 [11:51]
® Submit your tax reporting free for 6 Months with SİMA İmza!
- 22.09.2026 [11:13]
Gold and silver prices fall on global markets
- 22.09.2026 [10:53]
Oil prices climb on global markets
- 22.09.2026 [10:17]
Azerbaijani oil sells for $116.83
- 21.09.2026 [20:40]
Azerbaijan joins Kazakhstan Insurance Forum
Top stories update
- [12:00]
Media forum marking 65th anniversary of OANA wraps up in Moscow
- 21.09.2026 [22:04]
Azerbaijan’s national cuisine showcased in Belgrade
- 21.09.2026 [21:30]
Koreans informed about Azerbaijani epics
- 21.09.2026 [21:19]
Azerbaijan joins Kazakhstan Insurance Forum
- 21.09.2026 [20:40]
Azerbaijan’s men’s chess team clinches another victory in Uzbekistan
- 21.09.2026 [20:39]
Top stories update
- 21.09.2026 [20:00]
4.1M quake jolts Caspian Sea
- 21.09.2026 [19:44]
Spain extend De la Fuente's contract until 2032 after World Cup triumph
- 21.09.2026 [19:07]
AZERTAC and Vietnam News Agency to strengthen information exchange
- 21.09.2026 [18:49]
Azerbaijan Railways, Port of Hamburg enhance cooperation
- 21.09.2026 [18:46]
Omani delegation visits Baku SME House
- 21.09.2026 [18:40]
Azerbaijan's tea export revenues exceed $5 million - GRAPH
- 21.09.2026 [17:56]
Visa procedures simplified for FIFA U-15 World Cup & Festival 2026 – ORDER
- 21.09.2026 [17:30]
Azerbaijan promotes its tourism potential in Pakistan
- 21.09.2026 [17:24]
ANAMA: Over 1,000 mines and unexploded ordnances neutralized over past week
- 21.09.2026 [16:10]
Italian media highlights Baku’s rising profile on international sports stage
- 21.09.2026 [15:43]
Humanoid robot sales tally hit 7,000 globally last year
- 21.09.2026 [15:40]
SOCAR delegation visits Alley of Honors and Alley of Martyrs
- 21.09.2026 [15:36]
Value of Azerbaijan's crude oil exports to Romania surges over 35 percent
- 21.09.2026 [15:18]
A taste of Azerbaijan in Astana: From baklava to Novruz traditions
- 21.09.2026 [15:05]
ASCO sustains growth momentum in dry cargo transportation
- 21.09.2026 [14:51]
Provocation against Azerbaijan prevented in Poland
- 21.09.2026 [14:48]
Egyptian archeologists unearth rare tombs, Roman camp in Nile Delta
- 21.09.2026 [14:41]
Azerbaijan Minister of Defense extends condolences to Pakistani side
- 21.09.2026 [14:05]
Iran says it downed US MQ-1 drone over Strait of Hormuz
- 21.09.2026 [13:50]
Azerbaijan reports decline in gold and silver production
- 21.09.2026 [13:02]
Media forum dedicated to 65th anniversary of OANA commences in Moscow
- 21.09.2026 [12:34]
Xi to pay state visit to U.S. from Sept. 23 to 25
- 21.09.2026 [12:16]
Top stories update
- 21.09.2026 [12:00]
8 dead, 1 injured after textile factory fire in south China's Guangdong
- 21.09.2026 [10:58]
Gold and silver prices fall on global markets
- 21.09.2026 [10:50]
Oil prices decline in global markets
- 21.09.2026 [10:42]
September 21 marks International Day of Peace
- 21.09.2026 [10:39]
Hundreds of flights cancelled as Typhoon Dujuan nears Japan
- 21.09.2026 [10:23]
Elif Eralp's Left Party on course for historic win in German capital
- 20.09.2026 [22:05]
Khankendi marks City Day with festive concert
- 20.09.2026 [21:59]
Khojavend celebrates City Day with festive concert program
- 20.09.2026 [21:45]
Azerbaijani gymnasts win two medals at World Championships
- 20.09.2026 [21:30]
Top stories update
- 20.09.2026 [20:00]
Khankendi hosts Turkic World’s Women Artists exhibition
- 20.09.2026 [19:35]
Azerbaijan Army holds series of events marking State Sovereignty Day
- 20.09.2026 [18:15]
Azerbaijani Cinema Days held in Paris
- 20.09.2026 [16:49]
Azerbaijani Defense Ministry presents weekly summary of events
- 20.09.2026 [16:40]
DR Congo expands Ebola vaccination to Ituri, over 3,700 people vaccinated
- 20.09.2026 [16:32]
Turkish Embassy congratulates Azerbaijan on State Sovereignty Day
- 20.09.2026 [15:39]
Moscow hosts 58th OANA Executive Board meeting
- 20.09.2026 [14:46]