S&P downgrades RCB because of sanctions (updated)
Rating agency Standard & Poor’s on Thursday downgraded RCB Bank’s long-term issuer rating from BB- to B+ and placed the bank on negative watch, citing...
Standard and Poor’s
Rating agency approval must not lead to complacency
By Andreas Charalambous and Omiros Pissarides Globalisation and the expansion of world trade and foreign investment have demonstrated the clear need for an objective and...
Standard & Poor’s affirms Cyprus’ growth prospects, highlights risks from virus
Standard & Poor’s Global Ratings affirmed on Friday its `BBB-/A-3′ long- and short-term foreign and local currency sovereign credit rating on Cyprus with 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...
Cyprus’ credit rating to be evaluated eight times in 2019
Cyprus’ creditworthiness is expected to be evaluated eight times in 2019, according to the next assessments scheduled by credit rating agencies. Among the four credit...
Central Bank says S&P upgrade allows participation in ECB purchase programme
By Stelios Orphanides The Central Bank of Cyprus said that following the upgrade of Cyprus’ sovereign credit rating to BBB- by Standard and Poor’s, Cypriot...
Government to issue 10-year €1bn euro bond
The government aims to capitalise Friday’s upgrade of its sovereign rating to investment grade by Standards & Poor’s with the issue a €1bn 10-year bond,...
Investment-grade rating seen within reach in the next 12 months
Two economists said that, following Friday’s upgrade by Moody’s Investors Service, it is realistic to expect that Cyprus could see its credit rating upgraded to...
U.S. says following events in Poland “very closely” after EU probe launched
The United States is scrutinising developments in Poland, the U.S. trade czar said on Sunday when asked if Washington was concerned about the European Union’s...
S&P revises outlook to positive, keeps B+ rating (Update-1)
Standard & Poor’s revised Cyprus’s outlook to positive from stable and maintained its long-term and short-term local currency sovereign rating at B+ and B respectively,...
