7 August 2026 16:30 (UTC+04:00)Qabil Ashirov Read moreInternational rating agency Fitch Ratings has upgraded the ratings of Azerbaijan’s ABB, raising the bank’s Long-Term Issuer Default Rating (IDR) from BB to BB+, AzerNEWS reports. Fitch also upgraded ABB’s Viability Rating from bb to bb+, while maintaining a Stable Outlook on the bank’s ratings. The upgraded ratings represent the highest ratings Fitch has assigned to ABB in the past 15 years. According to Fitch, the upgrade reflects ABB’s continued strong financial profile and improving risk profile. The agency highlighted the bank’s strong market position, resilient balance-sheet structure and solid financial performance as key factors behind the rating action.