Capital Intelligence Archives

CI raises Cyprus outlook on lower fiscal risk, better NPLs

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.”

4th April 2024

Cyprus/Economy

CI assigns ‘positive’ outlook to BOCY

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

19th December 2023

Companies/Cyprus

CI revises HB outlook to ‘positive’

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

16th December 2023

Companies/Cyprus

CI Ratings: Cyprus ‘resilient’, outlook ‘stable’

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

29th April 2023

Cyprus/Economy

CI Ratings upgrades Bank of Cyprus, ‘stable’ outlook

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 –

20th December 2022

Companies/Cyprus

Capital Intelligence Cyprus outlook stable from positive

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

24th October 2022

Cyprus/Economy

CI Ratings ups Cyprus outlook to ‘positive’

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

18th September 2021

Cyprus/Economy

Cyprus ‘will recover in 2H2021’, says CI Ratings

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.

20th March 2021

Cyprus/Economy

CI Ratings maintains ‘stable’ outlook for Hellenic Bank

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’

27th November 2020

Companies/Cyprus/Economy