The Cypriot real GDP will expand by 2.4% this year, rating agency Morningstar DBRS has said revising marginally downwards its December 2023 projection of 2.5%.However, in its new baseline...
International rating agency Morningstar DBRS has confirmed Cyprus’ BBB (high) long-term credit rating with a stable trend, noting that favourable economic prospects balance downside risks.“The Stable...
Sustained improvements in the Cypriot economy, as well as better performance compared to countries with similar categorisation to Cyprus, were highlighted by Haiko Peters, Vice President and Senior...
International rating agencies have announced the dates for Cyprus’ long-term credit rating assessment in 2024 with two agencies, namely Standard and Poor’s and Fitch placing the economy’s rating on...
Capital Intelligence Ratings announced on Friday that it has revised Outlook for the Long-Term Foreign Currency Rating (LT FCR) and Bank Standalone Rating (BSR) of Bank of Cyprus (BoC) to Positive...
The confidence shown by the rating agencies is an acknowledgement of the government's planning, which is being implemented with the governance programme as a compass, President of the Republic Nikos...
International Rating Agency, Fitch, revised the rating of Cyprus long-term rating to positive from stable, citing economic resilience, fiscal surpluses with continued reduction of public debt as well...
The Cypriot bank’s ability to reduce operating costs while investing in digital transformation, will be key to offsetting inflationary pressure and still-high credit provisions, rating agency...
Cyprus and Egypt are currently at the most immediate credit risks than other countries rated by Scope Ratings due to the Israel-Hamas conflict, said the German credit rating agency on Tuesday.In...
Moody’s Investors Service has upgraded Bank of Cyprus’ and Hellenic Bank’s long-term deposit ratings to Baa3 from Ba1, citing the continued resilience of the Cypriot economy and credit conditions,...