Capital Intelligence Ratings announced on Tuesday that it has revised the outlook on the Long-Term Foreign Currency Rating (LT FCR) of Hellenic Bank to Positive from Stable, while the Bank’s LT FCR...
Scope Ratings affirmed on Friday the Republic of Cyprus’s BBB- long-term issuer and senior unsecured local- and foreign-currency ratings and revised the outlook from stable to positive.According to...
27/06/2022
Moody's analysts comment on the banks' moves to reduce their costs.In an interview with StockWatch, Moody's Vice President and Senior Analyst Christos Theofilou notes that the banks' continued...
27/06/2022
Fitch analysts speak of uncertainty in the Cypriot economy due to the inflation boom in an interview given to StockWatch.In response to their assessments of maintaining the positive outlook of the...
16/05/2022
The ratings of Cyprus’s two largest banks remain on Positive Outlook despite increased risks to the global economy due to the war in Ukraine, Fitch Ratings says. The agency expects Hellenic Bank (HB...
Moody’s Investor Service has upgraded Hellenic Bank’s long-term deposit ratings to Ba3 from B1 assigning positive outlook, citing the “significant improvement” in the bank’s asset quality following...
21/04/2022
Moody's Investors Service has today confirmed RCB Bank Ltd.'s (RCB Bank) long-term deposit ratings at B1, with a negative outlook. Concurrently, Moody's has downgraded the bank's Baseline Credit...
28/03/2022
Rating agency DBRS Morning Star left its baseline macroeconomic scenario unchanged for Cyprus but sees risk for deterioration especially for Europe following the Russia’s invasion in Ukraine and the...
28/03/2022
Fitch Ratings has affirmed Cyprus's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' with a Stable Outlook.According to a statement, Cyprus's rating is underpinned by governance...
21/03/2022
Cyprus may lose 1.5% to 2% of GDP in 2022 if the airspace with Russia remains closed throughout 2022, said DRBS Morningstar, noting that the war in Ukraine will impact negatively growth this year,...
14/03/2022