S&P | Cyprus Mail

Finance Minister says Standard&Poor’s rating confirms rational management of economy

Source: Cyprus News AgencySeptember 5, 2020

By Source: Cyprus News AgencySeptember 5, 202001232

Finance Minister Constantinos Petrides on Saturday said that Standard & Poor’s credit rating is a confirmation of the rational management of the economy and public...

Standard and Poor’s affirms Bank of Cyprus’ rating at B+/B, outlook stable

Source: Cyprus News AgencyJuly 17, 2020

By Source: Cyprus News AgencyJuly 17, 202001100

S&P Global Ratings on Thursday affirmed its B+/B long- and short-term issuer credit ratings for Bank of Cyprus Public Co. Ltd. (BOC), maintaining a stable...

Cyprus Featured

Cyprus among top four countries with most to lose from Brexit, says S&P

Jean ChristouApril 1, 2019April 1, 2019

By Jean ChristouApril 1, 2019April 1, 20190510

Standard and Poor’s (S&P) has rated Cyprus 4th among the countries with the most to lose from Brexit. The 2019 ‘Brexit Sensitivity Index 2019: Who...

Cyprus

Expected ECB rate hike, strong investor interest increased government’s bond appetite

Stelios OrphanidesSeptember 19, 2018

By Stelios OrphanidesSeptember 19, 20180123

By Stelios Orphanides The decision to go for a €1.5bn bond issue instead of the initially planned €1bn was dictated by a combination of factors,...

Business Cyprus

S&P affirms its `B/B` credit ratings on Bank of Cyprus Public

Source: Cyprus News AgencyJuly 28, 2018

By Source: Cyprus News AgencyJuly 28, 20180152

S&P Global Ratings said it affirmed its `B/B` long- and short-term issuer credit ratings on Bank of Cyprus Public Co. Ltd. (BoC). The outlook is positive....

Cyprus

First ratings test for the Cypriot economy on February 2

Source: Cyprus News AgencyJanuary 8, 2018

By Source: Cyprus News AgencyJanuary 8, 20181151

In early February Moody’s agency will issue its first rating for the Cypriot economy, opening the way for a round of rating actions, estimated to...

Cyprus

Finance minister: S+P upgrade reaffirms growth prospects

FORMER STAFFMarch 18, 2017March 19, 2017

By FORMER STAFFMarch 18, 2017March 19, 20177 134

The upgrade of Cyprus’ rating by Standard and Poor’s constitutes a reaffirmation of the economy’s growth prospects, as well as the stable and sustainable course...

Business Cyprus

S&P upgrades Cyprus to BB+ with stable outlook citing stalled reforms

Stelios OrphanidesMarch 17, 2017

By Stelios OrphanidesMarch 17, 2017074

Standard & Poor’s (S&P) said that it upgraded Cyprus’s sovereign rating to BB+ from BB which is still one notch below investment grade and placed...

Business Cyprus

S&P upgrades Cyprus on ‘gradual recovery’

Staff ReporterSeptember 16, 2016

By Staff ReporterSeptember 16, 20165 173

Standard & Poor’s upgraded its assessment of Cyprus by one notch to BB on Friday, with the rating agency saying the outlook was ‘positive’. In...

Business Cyprus

S&P upgrades Cyprus on strong budgetary performance

George PsyllidesOctober 24, 2014October 24, 2014

By George PsyllidesOctober 24, 2014October 24, 201441 149

Standard & Poor’s ratings agency on Friday raised its long-term foreign and local currency sovereign credit ratings on Cyprus to ‘B+’ from ‘B’ on strong...

Business Cyprus

UPDATE: Ratings rise ‘best reward’ as S&P, Fitch upgrade Cyprus

George PsyllidesApril 26, 2014August 30, 2014

By George PsyllidesApril 26, 2014August 30, 201414 119

By George Psyllides TWO leading ratings agencies, Standard and Poor’s and Fitch, upgraded their outlook for Cyprus on Friday, based on better-than-expected performance of the...

Business

S&P upgrade

George PsyllidesJuly 3, 2013July 4, 2013

By George PsyllidesJuly 3, 2013July 4, 2013125 147

Ratings agency Standard & Poor’s on Wednesday upgraded the sovereign foreign credit rating on Cyprus to CCC-plus from selective default. The move comes in the...