Capital Intelligence has upgraded the sovereign ratings for Cyprus based on improving public finances, persistent budget surpluses and a rapid decline in general government debt. CI Ratings said it has upgraded the
Capital Intelligence has revised upwards the sovereign ratings for Cyprus due to a “faster than projected decline in general government debt due, consistent primary fiscal surpluses, as well as proactive debt management.”
Capital Intelligence Ratings has upgraded its outlook for Bank of Cyprus to ‘positive’, raised its financial strength rating by a notch and affirmed other metrics, a week after S&P Global Ratings also
Capital Intelligence Ratings has revised the long-term foreign currency rating (LT FCR) and bank standalone rating (BSR) outlook of Hellenic Bank (HB) to ‘positive’ from ‘stable’. HB’s core financial strength (CFS) rating
Capital Intelligence Ratings has affirmed the Republic of Cyprus’ long-term foreign currency rating (LT FCR) and short-term foreign currency rating (ST FCR) at ‘BBB-’ and ‘A3’, respectively, saying that the outlook on
Capital Intelligence Ratings has upgraded all Bank of Cyprus metrics by one notch, and maintained the outlook at ‘stable’, due mainly to improved asset quality – as measured by non-performing loans –
Capital Intelligence Ratings has upgraded Cyprus’ Long-Term and Short-Term Foreign Currency Rating to ‘BBB-’ and ‘A3’ from ‘BB+’ and ‘B’ but revised the outlook to Stable from Positive. A statement said the
Capital Intelligence Ratings affirmed late Friday the Republic of Cyprus long-term foreign currency rating (LT FCR) and short-term foreign currency rating (ST FCR) at ‘BB+’ and ‘B’, respectively, revising the outlook for
The Cyprus economy will recover in the second half of 2021 and the economic and fiscal disruption caused by the pandemic will dissipate over the forecast horizon, according to Capital Intelligence Ratings.
Capital Intelligence Ratings has affirmed the long-term foreign currency rating (LT FCR) and short-term foreign currency rating (ST FCR) of Hellenic Bank at ‘BB-’ and ‘B’, respectively, as well as a ‘stable’