Ratings

Ratings

IMF commends Hungary on growth, urges fiscal consolidation

International Monetary Fund (IMF) directors acknowledged Hungaryʼs strong economic growth and reduced external vulnerability, but urged continued fiscal consolidation in...

Ratings

S&P raises Bulgaria’s rating to ‘BBB’

S&P Global Ratings upgraded Bulgaria’s sovereign credit rating to ‘BBB’ from ‘BBB-’ and assigned a positive outlook. The agency cited...

Ratings

CIB bank forecasts GDP growth to slow from 4.8% in 2019

Analysts for Italian-owned CIB Bank project Hungaryʼs GDP will grow by around 4.8% this year before growth slows to 3-3.5%...

Ratings

Moody’s changes Ukraine’s outlook to positive

Moody’s Investors Service has revised Ukraine’s sovereign credit rating outlook to positive from stable. At the same time, Ukraine’s long-term...

Ratings

Hungaryʼs credit profile supported by strong growth – Moodyʼs

Hungaryʼs credit profile (Baa3 stable) is supported by strong economic growth, a commitment to lower fiscal deficits and the government...

Ratings

Fitch affirms Romania at ‘BBB-’ with a stable outlook

Fitch Ratings has affirmed Romania’s long-term foreign and local currency issuer default ratings (IDR) at "BBB-", with stable outlooks, but...

Ratings

Czech National Bank keeps rates unchanged

The Bank Board of the Czech National Bank (CNB) decided to keep interest rates unchanged at its latest meeting. The...

Ratings

EBRD raises Hungary GDP growth forecast

The European Bank for Reconstruction and Development (EBRD) has raised its forecast for Hungaryʼs GDP growth this year to 4.6%...

Ratings

S&P revises MOL outlook to positive on Azerbaijan acquisition

S&P Global Ratings revised the outlook for Hungarian oil and gas company MOL from "stable" to "positive" after it announced...

Ratings

Moody’s leaves Hungary rating unchanged

Ratings agency Moody’s has decided to leave Hungary’s sovereign rating unchanged at Baa3, with a stable outlook, with no further...

Ratings

Scope upgrades Hungary’s credit rating to BBB+ from BBB

Germanyʼs Scope Ratings has announced that is is upgrading Hungaryʼs long-term issuer and senior unsecured local- and foreign-currency ratings to...

Ratings

After 17 years, Moody’s upgrades Czech Republic’s rating

Moody’s Investors Service has raised the Czech Republic’s credit rating by one notch, citing a strong budget performance and low...

Ratings

Resilient Hungary Swimming Against the Tide, Thus Far

The OECD has released its latest interim global economic outlook report, and it looks more pessimistic than ever, cutting back...

Ratings

Moodyʼs withdraws Takarék Mortgage Bankʼs ratings

Moodyʼs Investors Service has withdrawn the Ba3 local and foreign currency long-term deposit ratings and b1 Baseline Credit Assessment (BCA)...

Ratings

Fitch affirms Hungary ‘BBB’ rating; outlook ‘stable’

Fitch Ratings on Friday affirmed Hungaryʼs “BBB” sovereign rating, two notches over the investment grade threshold, with a “stable” outlook,...

Ratings

Fitch Sees Hungary’s Deficit Narrowing but Debt Burden Rising

Hungary’s budget deficit is expected to narrow and growth to accelerate in 2027, but rising debt and fiscal vulnerabilities continue...

Ratings

S&P Flags Rising Budget Risks for Hungary

Ratings agency S&P Global Inc. has warned that Central and Eastern Europe's small, open economies face growing stagflation risks as...

Ratings

Moody’s Revises Outlook on OTP Bank Deposit Ratings to Positive

Moody's Ratings revised the outlook on OTP Bank's long-term deposit ratings to positive from stable, the international credit ratings agency...

Fitch Sees Hungary’s Deficit Narrowing but Debt Burden Rising

Hungary’s budget deficit is expected to narrow and growth to accelerate in 2027, but rising debt and fiscal vulnerabilities continue...

Bayer Construct Gets Default Ratings After Bankruptcy Protection Filing

Scope Ratings has assigned default ratings to Bayer Construct following its bankruptcy protection filing, citing financial pressure linked partly to...

Scope: Government Measures Raise Risks for Hungarian Construction, Real Estate Firms

Hungarian construction and real estate companies face increased regulatory, execution and liquidity risks from recent government measures, although the eventual...

S&P Flags Rising Budget Risks for Hungary

Ratings agency S&P Global Inc. has warned that Central and Eastern Europe's small, open economies face growing stagflation risks as...

Moody’s Revises Outlook on OTP Bank Deposit Ratings to Positive

Moody's Ratings revised the outlook on OTP Bank's long-term deposit ratings to positive from stable, the international credit ratings agency...

Fitch Affirms Hungary ‘BBB’ Rating With Negative Outlook

Fitch Ratings affirmed Hungary's 'BBB' long-term issuer default ratings with a negative outlook at a scheduled review on Friday....

S&P Maintains Hungary’s ‘BBB‑’ Rating, Warns of High Fiscal Risks

S&P Global Ratings affirmed Hungary's "BBB‑" sovereign credit rating and kept the outlook "negative," citing both the new government's reform...

Scope: Hungary Corporates Face Near-Term Disruption, Medium-Term Upside After Election

Hungary’s corporate sector could face a period of short-term disruption followed by medium-term gains after the recent election, according to...

Fitch Warns Tisza Gov’t Must Deliver Credible Fiscal Strategy

Fitch Ratings says Hungary's new government will face serious challenges, including weak growth, and rising public debt, even as the...

Moody’s Affirms MBH Bank Ratings, Maintains Stable Outlook

Moody's has affirmed the long-term deposit ratings of MBH Bank Nyrt. at Baa3, maintaining a stable outlook, citing the lender’s...

Fitch Ratings Warns of Tough Post‑Election Choices

Fitch Ratings has cautioned that whoever wins Hungary's April parliamentary election will face serious macroeconomic and fiscal challenges, including weak...

S&P Warns Hungary Could Face Downgrade

S&P Global Ratings currently rates Hungary at "BBB‑" with a "negative" outlook and warns that a repeat of the 2022...

Moody’s Downgrades Budapest Again

Int'l ratings agency Moody's has downgraded Budapest's long‑term domestic and foreign debt rating from "Ba1" to "Ba2," citing worsening relations...

Mayor Blames ‘Usurious’ Gov’t for Moody’s Downgrade of Budapest

Moody's recent downgrading Budapest has been "a consequence of the govt's senseless and petty policy of extortion", Mayor Gergely Karácsony...

Moody’s Downgrades Budapest Credit Ratings With Negative Outlook

Moody's on Monday said it downgraded Budapest's baseline credit assessment (BCA) to ba1 from baa3 and long-term foreign and domestic...