Ratings

Ratings

Moodyʼs upgrades Takarék Mortgage Bankʼs ratings, outlook

Moodyʼs Investors Service has announced an upgrade of the long-term local and foreign-currency deposit ratings of Hungaryʼs Takarék Mortgage Bank...

Ratings

Strong growth but structural challenges in CEE: Moodyʼs

Moodyʼs Investors Service has released a report about the CEE regionʼs economic outlook for the year 2019, saying that the...

Ratings

Moodyʼs likens Hungaryʼs credit challenges to Italy, Portugal

Moodyʼs Investors Service highlighted weak government balance sheets and banking system event risks among key credit weaknesses of Hungary, saying...

Ratings

Moody’s: Hungaryʼs growth robust, public debt a constraint

Hungary’s "Baa3 stable" credit profile is supported by robust growth, a commitment to fiscal policies that will keep budget deficits...

Ratings

CEE at risk of slowing wage convergence with EU – Moodyʼs

According to a new report by Moodyʼs Investors Service, the European Union member countries of Central and Eastern Europe are...

Ratings

No Upgrade for Hungary This Year

In spite of heated expectations, the last credit rating review of the year did not bring an upgrade for Hungary....

Ratings

Moody’s affirms Hungary’s Baa3 ratings

Moody’s Investors Service has affirmed the government of Hungary’s long-term issuer and senior unsecured debt ratings at Baa3. Concurrently, the...

Ratings

IMF raises GDP growth forecast for Hungary

The International Monetary Fund (IMF) has raised its projection for Hungaryʼs GDP growth this year to 4.0% in its fresh...

Ratings

Upgrades not Timely, Just Yet

Although the Hungarian government and the central bank, along with several analysts, think that the country’s economy is fit for...

Ratings

Fitch maintains Hungary ’BBB-’ rating

Fitch Ratings affirmed Hungary’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at "BBB-", just over the investment grade threshold,...

Ratings

S&P affirms Hungary ʼBBB-/A-3ʼ ratings; outlook ʼpositiveʼ

Standard & Poorʼs Global Ratings on Friday affirmed Hungaryʼs "BBB-/A-3" long and short-term foreign and local currency sovereign credit ratings....

Ratings

Hungarian inflation may go above 3% next year, OTP says

With consumer inflation data due to be published on Wednesday by the Central Statistical Office (KSH), analysts forecast a rate...

Ratings

Moodyʼs upgrades deposit ratings of Erste Bank Hungary

Moodyʼs Investors Service has upgraded Erste Bank Hungaryʼs long-and short-term local-currency deposit ratings to Baa3/Prime-3 from Baa2/Prime-2....

Ratings

Moodyʼs downgrades outlook on Digi ratings

Moodyʼs Investors Service has changed its outlook from positive to stable on Digi Communications N.V. (Digi or DCS), the parent...

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...