YEREVAN. – Armenia’s Central Bank revised rankings of ten companies. Rating of two construction companies was reduced, CBA informed Armenian News-NEWS.am.

Rating of “Elite Group” was lowered from “G“ to “G-”, while that of “Glendale Hills” to “G” from “G+”.

Rating of “Renco Armestate” company and “Yerevan” hotel remained unchanged.

Rating of “Armenian Molybdenum Production” company producing ferromolybdenum was reduced from “B” to “G+”.

Meanwhile, ranking of Yerevan Jewellery Plant-1 “Gnomon” was raised from “D” to “G-“.