The Azerbaijan State News Agency

ECONOMY

Standard Poor’s affirms rating of PASHA Bank

Baku, December 9, AZERTAC

International rating agency Standard Poor’s has affirmed again the rating of one of the largest banks of Azerbaijan - PASHA Bank: long-term ’BB-’ and short-term ’B’, rating change outlook - “Stable”.

According to the Bank, this is the highest and the second best rating among all private banks in Azerbaijan with 100 per cent local capital.

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