S&P
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...
S&P upgrades Cyprus on ‘gradual recovery’
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...