Baku. Yegane Lachinzade – APA-Economics. The international agency Moody’s Investors Service has increased the outlook on the ratings of Unibank OJSC to stable also affirming the long-term deposit rating at B2 and setting BFSR at E+, bank told APA-Economics.
Bank’s Financial Director Emin Rasulzade says that this decision proves that bank is ready for economic challenges in the market. According to him, key reasons for providing bank’s position at this level are good capitalization, management of adequate management systems and risks at high level.
Agency’s experts say Unibank is one of the 5 leading banks of Azerbaijan for financial performances, diversified financial profile, and activity of retail clients. They also noted that increase of bank’s rating will depend on stable increase of financial performances in the future.