Ameriabank news

International rating agency Fitch has awarded Ameriabank's USD 15 million unsecured bonds long-term "B+" and asset recovery "RR4" ratings.
The maturity date of the bonds is 2018. it is the month of July. the coupon rate is set at 6.75% per annum.
Ameriabank's bond rating is aligned with the long-term rating of the issuer, Ameriabank, as it is a direct, unsecured and non-contingent obligation. And the "RR4" rating of the Bank's asset recovery reflects the quality of solvency in the medium term.

While assigning the ratings, the Bank's acceptable financial indicators, despite the restrained pressure of the operating environment, the high ability to cover possible losses, the presence of a sufficient level of liquidity and the Bank's strong positions in the domestic market were also taken into account.

The agency notes that the Bank's creditworthiness largely depends on the country's economic indicators and the stability of the national currency. Therefore, as a result of changes in the economic situation in the country, the ratings awarded by Fitch may change. And the improvement of the economic perspective of the country will contribute to the increase of the rating quality of the Bank.