"Fitch" adjusts rating of state fund in line with country's rating

International rating agency "Fitch" has raised the long-term rating of the "Mortgage and Credit Guarantee Fund" in foreign and local currency from "BB+" to "BBB". This is reported by the Fund. The report says that this followed the upgrade of Azerbaijan's sovereign rating. The outlook on the rating is "stable". "Fitch"s position is due to the strong ties between the Fund and...

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