ArmInfo.Despite the imbalances and risks that create some additional difficulties, Armenia's banking system in the presence of a significant capital  adequacy buffer and excessive liquidity, will continue to function  stably in the medium term under any scenarios of the development of  the coronavirus crisis.

ArmInfo. Rating-Agentur Expert RA confirmed the  sovereign government credit rating (SGC) of Armenia at 'BB-'  (Sufficient level of creditworthiness of the government) in national  currency and at 'BB-' (Sufficient level of creditworthiness of the  government) in foreign currency, this is stated in the official press  release of the Armenia credit ratings sovereign.

ArmInfo. Rating-Agentur Expert RA confirmed the  sovereign government credit rating (SGC) of Armenia at 'BB-'  (Sufficient level of creditworthiness of the government) in national  currency and at 'BB-' (Sufficient level of creditworthiness of the  government) in foreign currency.

ArmInfo.Against the background of political turbulence associated with the "velvet revolution" in April-May 2018, the Armenian banking system demonstrated high reliability, maintaining a previously reached sufficient level of liquidity,  strong capitalization, healthy loan portfolio, substantial deposit  base and moderate profitability, this is stated in the regular  industry research of Armenia's banking system prepared by experts of  AmRating national rating agency in cooperation with European  Rating-Agentur Expert RA GmbH ( https://raexpert.eu/files/Industry_report_Armenia_Banks_27.05.2019.pdf ) As it is noted in the report, the new economic policy of the government, headed by the  leader of the "velvet revolution" and Prime Minister Nikol Pashinyan, differs in many  ways from the former highly corrupt system, which was built up with the existence of  the so-called "shadow economy". The new policy's significant adjustments of ingrained  economic life affected some spheres of the economy and, as a result, influenced to  some extent macroeconomic indicators. 

ArmInfo.Rating-Agentur Expert RA GmbH confirmed  the sovereign government credit rating (SGC) of Armenia at 'BB-'  (Sufficient level of creditworthiness of the government) in national  currency and at 'BB-' (Sufficient level of creditworthiness of the  government) in foreign currency. 

ArmInfo. Rating-Agentur Expert RA GmbH confirmed the sovereign government credit rating (SGC) of Armenia at 'BB-' (Sufficient level of creditworthiness of the  government) in national currency and at 'BB-' (Sufficient level of  creditworthiness of the government) in foreign currency. The rating  outlook is stable which means that in the mid-term perspective there  is a high probability of maintaining the rating score, RAEX-Europe  informed ArmInfo. 

ArmInfo. In 2017 the Armenian  banking sector dynamics were characterized by a high level of excess  liquidity due to finalization of the consolidation process, connected  with the need to comply with the new normative standard of total  capital. The sector was also characterized by the slowing loan and  deposit portfolios' growth rates, insignificant reduction in the  level of capital adequacy, improvement in the asset quality and  profitability figures.

ArmInfo. Rating-Agentur Expert RA GmbH upgraded the sovereign government credit rating (SGC) of Armenia from 'B+' (Moderately low level of creditworthiness of the government) to 'BB-' (Sufficient level of creditworthiness of the government) in national currency and from 'B+' (Moderately low level of creditworthiness of the government) to 'BB-' (Sufficient level of creditworthiness of the government) in foreign currency.