  S&P Global assigns IDBank “BB- / B” rating with stable outlook December 1, 2025 - 18:37 AMT PanARMENIAN.Net - On November 28, 2025, S&P Global Ratings assigned IDBank CJSC a long-term issuer rating of “BB-” and a short-term issuer rating of “B” with a “stable” prospect. The ratings are at the same level as the sovereign rating of the Republic of Armenia. S&P highlights the Bank’s strong capital adequacy, its leading position in digital solutions, and the stable quality of its assets, despite the growth of the loan portfolio. The “stable” prospect reflects S&P’s view that over the next 12 months the Bank will maintain a high capital adequacy ratio while preserving a stable level of asset quality. IDBank is supervised by the CBA.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
