Moody's Ratings affirmed Unibank B1 long-term local and foreign currency bank deposit ratings and maintained the stable outlook.

Concurrently, Moody's affirmed the bank's b2 Baseline Credit Assessment (BCA) and Adjusted BCA, NP short-term local and foreign currency bank deposit ratings, the bank's B1/NP long-term and short-term local and foreign currency Counterparty Risk Ratings (CRRs) and the B1(cr)/NP(cr) long-term and short-term Counterparty Risk Assessments (CR Assessments).

The affirmation of the ratings reflects Unibank’s materially improved asset quality and problem loan coverage, robust profitability and limited reliance on market funding.

The bank is regulated by the Central Bank of Armenia.
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