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Talks For Getting Sovereign Rating To Be Over In Summer

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  • Talks For Getting Sovereign Rating To Be Over In Summer

    TALKS FOR GETTING SOVEREIGN RATING TO BE OVER IN SUMMER

    Panorama.am
    15:10 23/05/06

    One of international rating agencies will soon finish the study of
    financial indicators in Armenia necessary to specify the sovereign
    rating of the country, Central Bank board member Vache Gabrielyan
    told Panorama.am. "We hope to finish talks with both organizations
    and will get sovereign rating soon," he said.

    The rating on sovereignty is determined by three international rating
    agencies: Standard & Poor's, Moody's Investors Service and Fitch
    Ratings. The leadership of Armenia is negotiating with two of them.

    The investment rating will enable Armenia to find its place in the
    international financial map.

    The Head of CB Tigran Sarkisyan told earlier that he waits for "B"
    or even several "Bs."
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