20/12/2014 08:47
Capital Intelligence, an international credit rating agency, announced Friday that it has raised Bank of Cyprus` Financial Strength Rating (FSR) to `B` on `Stable` Outlook (from `B-` on `Positive`).
The upgrading reflects “the significant €1 billion capital increase which has also strengthened the Bank`s shareholder base and corporate profile” the rating agency said.
The upgrading reflects “the significant €1 billion capital increase which has also strengthened the Bank`s shareholder base and corporate profile” the rating agency said.
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