Fitch upgrades BoC citing NPE reduction, Cypriot economy resilience
Global ratings agency Fitch this week announced that it has upgraded the Bank of Cyprus’ Long-Term Issuer Default Rating (IDR) to ‘B+’ from ‘B-‘ and...
Fitch
Fitch affirms Cyprus’ at BBB- with stable outlook but some risks
Fitch Ratings has affirmed Cyprus’ Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB-‘ with a Stable Outlook saying the rating was underpinned by governance indicators...
Cyprus affirmed at BBB- with a Stable Outlook by Fitch Ratings
Fitch Ratings announced that it has affirmed Cyprus’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB-‘ with a Stable Outlook. The credit ratings agency said...
Bank of Cyprus outlook revised to positive by Fitch Ratings
American credit rating agency Fitch Ratings announced on Wednesday that it has revised the Bank of Cyprus’ outlook to positive from negative, while at the...
Fitch Affirms Cyprus at ‘BBB-‘, outlook Stable
Fitch ratings agency has affirmed Cyprus’ long-term credit rating at BBB- with a stable outlook, reflecting the island’s institutional strength and a record of robust...
Fitch says Cyprus’ NPEs likely to increase due to Covid-19 shock
Fitch ratings agency has affirmed Cyprus’ Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB-‘ with a Stable Outlook. According to Fitch, Cyprus’ rating balances its...
Fitch says risks from Covid-19 to Cyprus banks ‘skewed to the downside’
Fitch ratings agency has downgraded Hellenic Bank’s long-term Issuer default rating (IDR) to ‘B’ from ‘B+’ and Viability Rating (VR) to ‘b’ from ‘b+’ and...
Finance ministry welcomes Fitch review of Cyprus (updated)
The announcement by Fitch rating agency ranking Cyprus’ long-term rating as stable highlights the government’s responsible management both of the economy and the public finances...
Fitch reaffirms ratings for BoC and Hellenic
Fitch Ratings on Friday affirmed Bank of Cyprus’ (BoC) Long-Term Issuer Default Rating (IDR) at B- with a positive outlook and viability rating (VR) at...
Fitch downgrades BoC’s Senior Unsecured Debt Rating
Fitch Ratings said that it had downgraded Bank of Cyprus `long-term senior unsecured debt rating to `CCC` from `B-` and Recovery Rating to `RR6` from...
