25/03/2020 14:32
Moody’s has updated its credit opinion on Converse Bank
Moody’s Investors Service international credit rating agency has published its credit opinion update o Converse Bank on March 25, 2020.
According to Moody’s report, Converse Bank’s baseline credit assessment reflects its solid loss-absorption capacity, underpinned by its good capital buffer and profitability, as well as its stable funding profile and liquidity
It should be mentioned that Moody’s has rated Converse Bank’s long-term local- and foreign-currency deposits B1 with “stable” outlook.
The full report can be accessed at https://www.conversebank.am/en/ratings/
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