“Fitch Ratings” confirms Azerbaijani MCGF’s rating at “BB+/Stable” level

The regular assessment of the activity of the Mortgage and Credit Guarantee Fund (MCGF, hereinafter Fund) of the Azerbaijan Republic has been conducted by the “

Based on the Agency’s assessment, the long-term default rating of the Fund in foreign and local currency has been confirmed at “BB+” level (forecast is “stable”). 

The confirmation of the rating at “BB+” level (with “stable” forecast) reflects “Fitch”’s an unchanged opinion regarding strong relations between the Azerbaijani Government and the Fund. 


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