Moody’s raised ratings “Halg Bank”

International rating agency Moody’s Investors Service, analyzing the results of the activities of Halg Bank OJSC, updated the bank ratings.

So, the agency increased the Halg Bank rating for long -term obligations in local and foreign currency from B2 to B1 and determined the prognosis for the rating as “stable”. At the same time, Moody’s increased the basic credit assessment (Baseline Credit Assessments) from B3 to B2.

Agency experts substantiate positive changes in the bank ratings with its financial stability, improving the quality of assets and creditworthiness, as well as a high coefficient of capital sufficiency and systemic significance “Hulg Bank”.

“Halg Bank” cooperates with the International Agency Moody’s Investors Service since 2011.

Detailed information on loans and products “Hulg Bank” can be obtained on the website www.xalqbank.az, by phone of the information service 138, as well as on the pages in Facebook and instagram .