Ratings

Ratings

Moodyʼs upgrades K&H forint deposit rating

Moodyʼs Investors Service has upgraded the long-term and short-term local currency deposit ratings of Hungaryʼs K&H Bank from Baa3/Prime-3 to...

Ratings

Election result ensures economic policy continuity, say analysts

The victory of the ruling coalition in Sundayʼs Hungarian legislative elections will ensure economic policy continuity, Fitch Ratings said on...

Ratings

Fitch affirms Hungary ‘BBB-’ rating, ‘positive’ outlook

Fitch Ratings affirmed Hungaryʼs sovereign rating at ‘BBB-’, just over the investment grade threshold, in a scheduled review on Friday. ...

Ratings

Scope affirms Hungary’s credit rating of BBB

Credit rating agency Scope has changed the outlook on Hungaryʼs BBB sovereign rating from "stable" to "positive." At the same...

Ratings

S&P affirms Hungaryʼs outlook as positive

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

Ratings

EC ups Hungary 2018 GDP growth forecast to 3.7%

The European Commission (EC) raised its projection for Hungaryʼs GDP growth this year to 3.7% in a fresh forecast yesterday....

Ratings

Moodyʼs: outlook for CEE sovereign creditworthiness ‘stable’

Moodyʼs Investors Service has given the Central and Eastern Europe (CEE) region a “stable” outlook for sovereign creditworthiness, reflecting solid...

Ratings

Ministry keeps Hungaryʼs GDP growth forecast above 4%

The Hungarian Ministry for National Economy maintained the projection of 4.1% GDP growth in 2017 and a 4.3% increase in...

Ratings

OECD raises Hungary GDP growth forecasts

The Organisation for Economic Co-operation and Development (OECD) has raised its GDP growth forecasts for Hungary in its biannual Economic...

Ratings

Fitch revises outlook of four Hungarian banks to positive

Fitch Ratings revised the outlook on four Hungarian banks from "stable" to "positive" on Monday. The move followed a similar...

Ratings

Moodyʼs: public debt may impact Hungaryʼs macro figures

Hungary has a relatively diversified economy, significantly reduced external vulnerability and a government commitment to prudent fiscal policy, factors which...

Ratings

Fitch improves Hungaryʼs rating

Fitch Ratings revised the outlook on Hungaryʼs long-term foreign and local currency Issuer Default Ratings (IDR) from "stable" to "positive,"...

Ratings

EBRD raises Hungary GDP growth forecasts

The European Bank for Reconstruction and Development (EBRD) raised its forecast for Hungaryʼs GDP growth this year to 3.8% on...

Ratings

Moodyʼs affirms MFBʼs Baa3 deposit and debt ratings

Moodyʼs Investors Service on Friday affirmed the Baa3 long-term foreign currency-backed senior unsecured debt and deposit ratings of the Hungarian...

Ratings

ALD receives positive outlook from S&P

S&P Global Ratings has revised its outlook on ALD, which offers leasing and fleet management services across 43 countries including...

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...