Fitch Cut Rating for Azerbaijan Mortgage Fund

Fitch Cut Rating for Azerbaijan Mortgage Fund Fitch Ratings cut rating for the Azerbaijan Mortgage Fund under the Central Bank of Azerbaijan Republic (AMF) to Stable from Positive and affirmed its Long-term foreign currency and local currency ratings at ‘BBB-‘, Fitch Ratings announced on May 22, 2012. The rating action reflects the revision of Azerbaijan’s Outlook (see “Fitch Revises Azerbaijan’s Outlook to Stable; Affirms at ‘BBB-‘”... Read More