S&P
Finance Minister Constantinos Petrides on Saturday welcomed Cyprus’ upgrading by American credit rating agency S&P, which has revised the country’s credit rating from BBB-/A3 to...
Petrides welcomes S&P revision of Cyprus from ‘stable’ to ‘positive’ (Updated)
The government will continue supporting economic activity so that after the pandemic is over, previous positive growth rates will return, Finance Minister Constantinos Petrides said...
Finance Minister says Standard&Poor’s rating confirms rational management of economy
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
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 among top four countries with most to lose from Brexit, says S&P
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...
Expected ECB rate hike, strong investor interest increased government’s bond appetite
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,...
S&P affirms its `B/B` credit ratings on Bank of Cyprus Public
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....
First ratings test for the Cypriot economy on February 2
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...
Finance minister: S+P upgrade reaffirms growth prospects
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...
S&P upgrades Cyprus to BB+ with stable outlook citing stalled reforms
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...