AmRating review: Armenia`s banking system will continue to function  stably under any scenarios of coronavirus crisis development 
 Tuesday, August 18 2020,

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.

RAEX-Europe confirmed the sovereign government credit rating of  Armenia at `BB-` with change of outlook from ``Positive`` to  ``Stable``, expecting 1.5% GDP decline in 2020
 Monday, July 13 2020,

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.

RAEX-Europe confirmed Armenia`s ratings at `BB-` with outlook  "Positive"
 Thursday, January 16 2020,

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.

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