Moody's Upgrades Unibank Outlook, Affirms Deposit Ratings

International rating agency Moody's has upgraded the outlook for Armenia's Unibank to positive while affirming the bank's B1 long-term deposit rating. The move reflects improved economic conditions in Armenia, according to Moody's analysis. The agency cited strengthened longer-term growth potential supported by sustained capital investment that is driving productivity gains and improving the economy's resilience to external shocks. The upgrade signals growing confidence in Armenia's financial stability and banking sector performance among major international credit rating institutions.