Ratings

Ratings

Moodyʼs upgrades banks, but not sovereign rating

Moodyʼs Investors Service has made some upgrades, but not the sovereign rating upgrade most awaited by the Hungarian government. At...

Ratings

Fitch affirms ratings of three Hungarian banks

Fitch Ratings on Thursday affirmed the long-term Issuer Default Ratings (IDRs) of K&H Bank and Erste Bank Hungary at ʼBBBʼ...

Ratings

Moodyʼs keeps positive outlook on Hungaryʼs banking sector

Moodyʼs Investors Service has maintained its outlook on Hungaryʼs banking system at positive due to its expectation that the countryʼs...

Ratings

S&P revises outlook on Eximbank credit rating to ʼpositiveʼ

Credit rating agency Standard & Poorʼs revised its credit rating outlook for Magyar Export-Import Bank (Eximbank) from "stable" to "positive"...

Ratings

Varga: S&P‘s ‘positive‘ outlook affirmation of economic policy

Rating agency Standard & Poorʼs decision late Friday to change the outlook on Hungaryʼs sovereign rating from ʼstableʼ to ʼpositiveʼ...

Ratings

S&P revises outlook on Hungary rating to ‘positive’

Standard & Poorʼs Global Ratings revised the outlook on Hungaryʼs "BBB-/A-3" long and short-term foreign and local currency sovereign credit...

Ratings

Standard & Poorʼs to review Hungary credit rating on Aug. 25

International credit ratings agency Standard & Poorʼs is scheduled to review Hungaryʼs sovereign credit rating on August 25. This will...

Ratings

Moodyʼs upgrades Erste Bank Hungary Zrt.ʼs deposit ratings

Moodyʼs Investors Service yesterday upgraded Erste Bank Hungary Zrt.ʼs (EBH) long- and short-term local and foreign-currency deposit ratings to Baa3/Prime-3...

Ratings

S&P revises outlook on MOLʼs credit rating

International rating agency Standard & Poorʼs Global Ratings revised the outlook on MOLʼs credit rating to positive from stable, the...

Ratings

Hungary rating not updated – Moodyʼs

Moodyʼs Investors Service did not update Hungaryʼs sovereign rating on Friday, although it was scheduled for a review, Hungarian news...

Ratings

Moodyʼs upgrades MKB Bankʼs deposit ratings to B2

Moodyʼs Investors Service today upgraded the long-term local and foreign-currency deposit ratings of MKB Bank Zrt. from B3 to B2,...

Ratings

Takarékbank, savings coops make offer for FHB

Takarékbank, acting in consortium with a number of savings cooperatives, will offer HUF 533 per share - the statutory minimum...

Ratings

Takarékbank, savings coops to make buyout offer for FHB

Takarékbank and 21 other members of savings cooperative integrator SZHISZ have agreed to make a buyout offer for the outstanding...

Ratings

Fitch affirms Hungary ‘BBB-’ rating, outlook stays ‘stable’

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

Ratings

Analysts expect Fitch to keep Hungary rating unchanged

Analysts polled by Hungarian news agency MTI do not expect Fitch Ratings to change either the investor-grade rating or the...

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...