Capital Intelligence Ratings announced on Friday that it has revised the outlook on the Republic of Cyprus’ Long-Term Foreign Currency Rating (LT FCR) to Positive from Stable. At the same time, it ...
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...
27/03/2024
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...
26/03/2024
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...
08/02/2024
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...
03/01/2024
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...
18/12/2023
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...
11/12/2023
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...
11/12/2023
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...
22/11/2023
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...
13/10/2023