Azerbaijan's AFB Bank suspends cooperation with Fitch Ratings.

Global Banking News-July 10, 2020-Azerbaijan's AFB Bank suspends cooperation with Fitch Ratings

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Trend has reported Azerbaijan's AFB Bank has announced it has terminated its cooperation with Fitch Ratings agency, the news source said.

Trend said the new economic realities caused by the COVID-19 pandemic, are currently reducing the importance of renewing the credit rating of commercial banks.

Having reviewed the business development strategy, a decision was made to temporarily stop cooperation with Fitch Ratings agency.

Fitch Ratings has...

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