Constantinos Petrides, Cyprus' Finance Minister vowed on Saturday to continue supporting the economy in a responsible and targeted manner amidst external challenges such as the Covid-19 pandemic, the...
Rating agency Standard and Poor’s (S&Ps) on Friday upgraded Cyprus’ long term credit rating by one notch to BBB from BBB- assigning stable outlook, citing the economy’s resilience to external...
05/09/2022
Moody's Investors Service changed the outlook on the Government of Cyprus' Ba1 ratings to positive from stable and has affirmed the long-term foreign-currency and local-currency issuer and the local-...
22/08/2022
International rating agency S&P Global Ratings affirmed its 'B+/B' long- and short-term issuer credit ratings of Bank of Cyprus, Cyprus’ largest lender, maintaining a positive outlook, reflecting...
02/08/2022
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...
29/06/2022
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