12° Nicosia,
27 February, 2020


Displaying results 1-30 of 34 matches for query credit rating.

1. Cyprus enjoys strong growth prospects but contingent liabilities remain

Strong growth prospects and sustained fiscal discipline places Cyprus on a firm declining path but contingent liabilities, healthcare and public sector wage-related costs, as well as weaker external conditions, pose risks to the fiscal outlook, Scope rating agency said in commentary on Cyprus....

2. Cyprus to start process for early repayment of IMF loan, Finance Minister announces

Finance Minister Harris Georgiades announced on Tuesday that an official process will be launched for the early and full repayment of an IMF loan, following the repayment of a loan from Russia....

3. Moody's changes Cyprus outlook to positive

Rating agency Moody’s changed the outlook for the Cypriot economy to positive from stable, citing the reduction of the sovereign exposure to event risks stemming from the banking sector and the improving fiscal strength beating previous expectations...

4. Scope rates Cyprus with BBB-

Scope Ratings affirmed last week the Republic of Cyprus’ BBB- long-term issuer and senior unsecured local- and foreign-currency ratings, along with a short-term issuer rating of S-2 in both local and foreign currency, noting that all outlooks are stable...

5. Moody’s expects deleveraging to resume but warns over small economy and high level of debt

The credit profile of Cyprus reflects its small but wealthy economy, improved economic resilience and the government`s fiscal outperformance in the wake of the country`s banking crisis, Moody's Investors Service has said in an annual report. ...

6. S&P affirms Bank Of Cyprus ratings

Standard & Poor’s affirmed on Tuesday their `B+/B` long- and short-term issuer credit ratings on Bank of Cyprus Public Co. Ltd. (BoC), noting that the outlook is stable...

7. Central Banker mulls bridging framework on foreclosures

The Central Bank will present recommendations aimed at rectifying the foreclosure framework it was announced on Thursday...

8. Moody's warns foreclosure laws increase risk for banks

Cyprus’ new foreclosure framework hampers banks efforts to reduce NPLs said credit rating agency Moody's in an announcement on Thursday....

9. DBRS reaffirms Cyprus’s rating

10. President reiterates commitment to high economic growth

11. Finance Minister speaks to Euronews on Cooperative sale

12. Cypriot bond yields tumble after stellar bond sale

13. Moody's upgrades Bank of Cyprus and Hellenic Bank

14. CBC introduce sharper rules against the so-called “Shell and Letterbox Companies”

The central bank of Cyprus has redefined the definitions of the so-called “shell and letterbox companies”, in an attempt to tighten the directive for the prevention of Money Laundering and Terrorist Financing...

15. Difficult decisions brought about positive results in the economy, President says

16. DBRS upgrades Cyprus to investment grade

17. Hellenic Bank’s Economic Review

18. New directive on shell companies improves anti-money laundering practices

19. Fitch Ratings upgrades Cyprus to investment grade

20. IMF: The Cypriot economy continues its rapid recovery from the 2012–13 financial crisis–13-financial-crisis

21.  Anastasiades at Diaspora dinner: No guarantees needed

22. ECB starts buying Cypriot bonds after ratings upgrade

23. Moody's keeps Greek rating unchanged at B3

Moody’s kept Greece's sovereign credit rating unchanged at B3, with a positive outlook, in a credit opinion it issued on Wednesday....

24. Fitch Ratings upgrades Bank of Cyprus

25. Cyprus issues sovereign bond, draws €1.5 billion at 2.4%€1-5-billion-at-2-4

26. Cyprus eyes 10-year low yield bond after S&P lifts sovereign to investment grade

27. Cyprus back into investment grade

Cyprus got its investment worthiness stripes back on Friday as Standard & Poor’s raised the country’s credit grade from BB+ to BBB- with a stable outlook, five years following a devastating financial collapse...

28. Moody’s thumbs up to Bank of Cyprus bad loans sale

Moody’s credit rating agency says the recent sale of Non-Performing Loans by the Bank of Cyprus worth €2.8 billion is a positive step...

29. Shadows loom over government’s ‘clean exit’ scenario‘clean-exit-scenario

Greece’s bailout exit has been eliciting condescending and bitter commentary on the country’s beaches and in its near-deserted cities, as few Greeks believes their lives are going to improve or that the country’s prospects will be akin to those of other bailed-out eurozone states. Greece’s “return to normalcy” and “clean exit,” much touted by the government, appear to be happening somewhere else....

30. Moody’s says BoC better off after UK sale

Rating Agency Moody’s has described the sale of Bank of Cyprus UK as credit positive, noting that the sale would place Bank of Cyprus in a better position to focus on reducing its domestic high stock of problematic loans...