Fitch Ratings maintains the Bank’s Long-Term Rating in the ‘BB’ Category with Outlook ‘Stable’ at ‘BB-‘

Business 07-09-2017 08:58
Fitch Ratings maintains the Bank’s Long-Term Rating in the ‘BB’ Category with Outlook ‘Stable’ at ‘BB-‘
Fitch Ratings maintains the Bank’s Long-Term Rating in the ‘BB’ Category with Outlook ‘Stable’ at ‘BB-‘. AccessBank retains the highest rating among financial institutions in Azerbaijan. The agency has also affirmed the Bank’s Support
Rating at ‘3’ which acknowledges continued shareholder support.

AccessBank’s CEO Dr. Rolf Reichardt commented on the rating action:  "The rating reflects the Bank’s sound position in the current market environment. Our strong shareholders and their firm backing are an important asset in this context. Building on our leading market position in the microfinance and SME businesses we continue to strive for best support to our clients with individual financial solutions, including digital service channels.”

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