Yuri Gusev: VTB Bank Armenia suspends cooperation with Fitch RatingsAugust 17, 2010 - 14:17 AMT PanARMENIAN.Net - Director of the financial department of VTB Bank Armenia Yuri Gusev said that the bank suspended cooperation with Fitch Ratings, which has affirmed and withdrawn the ratings of VTBA, including its Long-term Issuer Default ratings (IDR) at 'BB'. “In compliance with VTB Group’s new strategy, the bank is not seeking outlet to international markets yet. Thus, decision was taken to suspend cooperation with Fitch,” he said. 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 | Armenia, Turkey discuss restoration of historic bridge The meeting took place on May 17 in Ashgabat on the sidelines of an international conference of ministers of culture. EU welcomes Armenia-Azerbaijan “progress” The EU has welcomed “progress” made in the framework of the Armenia-Azerbaijan border delimitation process. Belarus opposition leader slams Lukashenko for Karabakh trip Belarusian opposition politician Sviatlana Tsikhanouskaya has harshly criticized the visit of Lukashenko to Karabakh. Mkhitaryan raises arrest of former Karabakh leaders in Azerbaijan Inter Milan star Henrikh Mkhitaryan has shared a news story about the extension of the arrest of former Karabakh leaders. |