A top rating agency Fitch has reaffirmed the Long-Term Foreign-Currency Issuer Default Rating (IDR) of Ardshinbank at “B+” with Stable Outlook.

According to Fitch report, the bank's rating is driven by its intrinsic strength, as captured by 'b+' Viability Ratings (VRs).

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Ardshinbank is regulated by the Central Bank of the Republic of Armenia.