The Cyprus` government has welcomed the upgrade of Cyprus’ bond rating by the Moody’s Credit Rating Agency, pointing out that it follows the recent successive upgrades of the economy of Cyprus by...
Moody`s Investors Service has upgraded Cyprus`s government bond rating to B3 from Caa3. The rating agency has also changed the outlook on the government bond rating to stable from positive and...
International rating agency, Capital Intelligence (CI), announced that it has raised the Bank of Cyprus` (BoC) Financial Strength Rating (FSR) to `B-` (from `C+`), reflecting the greatly improved...
The outlook on the Cypriot banking system remains negative, primarily reflecting the expectation of a continued rise in problem loans over the next 12-18 months that will exacerbate losses and erode...
Moody`s placed on Tuesday the Ca long-term deposit ratings of Bank of Cyprus on review for upgrade. According to a relevant announcement, the move reflects the successful completion of the bank`s...
Capital Intelligence (CI), the international credit rating agency, affirmed on Friday Cyprus` Long-Term Foreign Currency Sovereign Rating of `B-`, and its Short-Term Foreign Currency Rating of `B`....
Rating Agency Fitch affirmed the rating of the Bank of Cyprus Public Company Ltd`s (BoC, CC/C, Viability Rating (VR): cc) €1 billion outstanding residential mortgage covered bonds at `CCC`. The...
The upgrading of two Cypriot banks by Fitch rating agency is a positive and important development in the course of stabilising the economy, Minister of Finance Harris Georgides has said, stressing...
Fitch Ratings Αgency has upgraded Bank of Cyprus Public Company Ltd`s (BoC) Long-term Issuer Default Ratings (IDR) to `CC` from `RD` and Hellenic Bank Public Company Limited`s (HB) Long-term IDR to `...
The Government has welcomed the positive statement of Moody’s credit rating agency on Cyprus’ return to the international financial markets. Through this development “the Republic of Cyprus has...