Armenian CB lowered ratings of two issuers

29.04.2009 | 09:56 Home / News / News /

Yerevan /Mediamax/. The Central Bank (CB) of Armenia lowered the ratings of “Gnomon” Yerevan Jewelry Plant 1 OJSC and “Valletta” LLC.

As Mediamax was told in the press service of CB, the ratings of “Gnomon” Yerevan Jewelry Plant 1 is lowered from D+ to D, and the ratings of “Valletta” from C+ to C-.

The ratings of the following companies are also lowered: “Tamara” LLC (from C+ to C), “MAP” CJSC (from C- to D+) and “Star Divide” CJSC (from C+ to C-).

CB also again established the ratings of “IMEX Group” OJSC (B-), “Jermuk Mayr Gortsaran” (C+), “Proshyan Cognac Factory” CJSC (C+) and “Mika-Cement” CJSC (C).

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