Business

OIL:  BRENT - 78.18-0.89 WTI - 73.44-1.26
COMEX:  GOLD - 2103.60+0.57 SILVER - 25.85-0.19
COMEX:  PLATINUM - 937.50-0.37
LME:  ALUMINIUM - 2185.00-0.59 COPPER - 8535.00+1.37
LME:  NICKEL - 16900.00+1.96 TIN - 23600.00+1.40
LME:  LEAD - 2124.00-0.65 ZINC - 2475.00-0.36
FOREX:  USD/JPY - 146.58-0.16 EUR/GBP - 1.0873-0.07
FOREX:  EUR/USD - 1.0873-0.07 GBP/USD - 1.2683-0.13
STOCKS RUS:  RTSI - 1095.28-1.77
STOCKS US: DOW JONES - 36245.50+0.82 NASDAQ - 14305.03+0.55
STOCKS US: S&P 500 - 4594.63+0.59
STOCKS JAPAN:  NIKKEI - 33231.27-0.60 TOPIX - 2362.65-0.83
STOCKS CHINA:  HANG SENG - 16646.05-1.09 SSEC - 3022.91-0.29
STOCKS EUR:  FTSE100 - 7529.35+1.01 CAC40 - 7346.15+0.48
STOCKS EUR:  DAX - 16397.52+1.12
04/12/2023  CBA:  USD - 403.05+0.17 GBP - 510.50+0.98
04/12/2023  CBA:  EURO - 438.03-0.67
04/12/2023  CBA:  GOLD - 26505.02+140.06 SILVER - 326.03+1.95
December, 2023
December 2023
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031
Moody’s rating agency has upgraded Converse bank’s rating
29/06/2023 10:59

Moody’s rating agency has upgraded Converse bank’s rating

Moody’s upgraded Converse bank’s BCA to b1 from b2 and affirmed the bank’s long-term deposit ratings at B1. The rating agency also upgraded the outlook on the B1 long-term deposit ratings to stable. 

The stable outlook on Converse bank’s long-term deposit ratings reflects Moody’s view that the bank will maintain its sound fundamentals over the next 12-18 months.

Commenting, Grant Akopian, Converse bank’s CFO said: “The upgrade of Converse bank’s BCA and stable outlook reflects the bank’s strengthened asset quality and capital adequacy and is a testament to the efficiency of the measures and the work we have done amid the present challenging environment for the banking sector. We remain committed to delivering robust financial performance, improving our liquidity and assets quality metrics”.   

According to Moody’s report, the upgrade of Converse bank’s BCA and Adjusted BCA to b1 from b2 is driven by the bank’s strengthened capital adequacy, profitability, and liquidity over the last two years. The upgrade of the bank’s long-term CRRs to Ba3 from B1, and the upgrade of the long-term CR Assessment to Ba3(cr) from B1(cr) follows the BCA upgrade.

The full Moody’s report can be accessed at the following link.

Converse Bank is supervised by the CBA.

AMD Rates
10:30 04/12 Buy Sell
AMD / USD 402.50 405.50
AMD / EUR 438.00 445.00
AMD / RUR 4.48 4.55
dollars
dollars
CBA Rates
04/12/2023
USD / AMD
403.05
+0.17%
EUR / AMD
438.03
-0.67%
RUR / AMD
4.44
-0.03%
GBP / AMD
510.50
+0.98%
Cryptocurrencies
10:30 04/12
BTC/AMD
16,759,639
+7.41%
BTC/USD
41599.58
+7.41%
ETH/USD
2257.88
+7.56%
BCH/USD
251.15
+10.91%
XRP/USD
0.633442
+3.20%
LTC/USD
74.19
+3.46%
BNB/USD
232.74
+2.19%
DOGE/USD
0.090541
+8.00%
ETH/BTC
0.054259348
+0.11%
BCH/BTC
0.006035467
+3.22%
XRP/BTC
0.000015222
-3.96%
LTC/BTC
0.001782835
-3.71%
BNB/BTC
0.005592976
-4.89%
DOGE/BTC
0.000002176
+0.51%
CBA Metals
04/12/2023
dram / gram
Gold
26505.02
+140.06%
Silver
326.03
+1.95%
FOREX
10:00 04/12
EUR/USD
1.0873
-0.07%
GBP/USD
1.2683
-0.13%
USD/JPY
146.58
-0.16%
EUR/GBP
0.8573
+0.09%
Oil
10:00 04/12
$ / barrel
Brent
78.18
-0.89%
Light Sweet
73.44
-1.26%
COMEX
10:00 04/12
$ / tr. oz
Gold
2103.60
+0.57%
Silver
25.85
-0.19%
Platinum
937.50
-0.37%
LME / 3M
10:00 04/12
$ / tonne
Aluminium
2185.00
-0.59%
Copper
8535.00
+1.37%
Nickel
16900.00
+1.96%
Tin
23600.00
+1.40%
Lead
2124.00
-0.65%
Zinc
2475.00
-0.36%
Molybdenum
55630.00
+0.00%
Cobalt
33420.00
+0.00%
Indexes
10:00 04/12
point
Dow Jones
36245.50
+0.82%
S&P 500
4594.63
+0.59%
NASDAQ
14305.03
+0.55%
FTSE
7529.35
+1.01%
CAC 40
7346.15
+0.48%
DAX
16397.52
+1.12%
RTSI
1095.28
-1.77%
Nikkei
33231.27
-0.60%
Topix
2362.65
-0.83%
Hang Seng
16646.05
-1.09%
SSEC
3022.91
-0.29%
CBA Interest Rates
26/03/2020
Refinancing
Refinancing Rate
9.50
+0.00%
Lombard Repo
Lombard Repo Rate
11.00
+0.00%
Deposit
Deposit Rate
8.00
+0.00%
Macroeconomy
10/2023
CEA
Coefficient of Economic Activity
+8.90%
Ind. Prod. 3
Volume of Industrial Production
2,094.9
-0.5%
Export 1
Export
5,795.1
+38.5%
Import 1
Import
9,650.4
+42.9%
CPI
Consumer price index
+2.5
Avg. Salary 2
Average salary
263,021
+16.1%
Services 3
Volume of services
2,483.8
+12.1%
Construction 3
Volume of construction
418.24
+16.4%
1 - mln AMD, 2 - AMD, 3 - bln AMD