Moody`s updated ratings on five Azerbaijani banks
The rating agency confirmed the credit rating of the Joint Stock Commercial Bank "Respublika" (Bank Respublika) and its deposit rating with a "positive" outlook.In particular, Moody's on September 9:1) upgraded to b1 from b2 BCA and adjusted BCA for Azerbaijan International Bank (ABB), upgraded to ba3 from b1 BCA and adjusted BCA "Kapital Bank", upgraded to b2 from b3 BCA and adjusted BCA for "Xalq Bank" and "Bank of Baku" and ...