Ratings

Ratings

Moodyʼs upgrades FHB Mortgage Bankʼs deposit ratings

Rating agency Moodyʼs Investors Service upgraded the long-term local and foreign currency deposit ratings of FHB Mortgage Bank from B3...

Ratings

Moody’s leaves Hungary’s rating at Baa3

Moodyʼs Investors Service did not upgrade Hungaryʼs sovereign rating further, although a review was on its EU sovereign rating calendar...

Ratings

S&P affirms Hungary ‘BBB-/A-3’ ratings; outlook stable

Standard & Poorʼs Global Ratings said Friday it has affirmed Hungaryʼs long and short-term foreign and local currency sovereign credit...

Ratings

Optimistic views on expected eventful 2017 economy

Pundits are apparently optimistic about 2017 as far as the economy and its processes are concerned. However, to be better...

Ratings

Analysis: solid monetary outlook for 2017, albeit with built-in risks

The Hungarian currency is expected to do well in 2017, but risks still lie ahead which might make the projected...

Ratings

Fitch: Hungaryʼs stable banking outlook based on supportive environment

The stable outlook for Hungaryʼs banking sector reflects expectations that the supportive operating environment and reduced regulatory pressures on Hungarian...

Ratings

Fitch affirms Hungary rating at ‘BBB-’ with stable outlook

Fitch Ratings affirmed Hungaryʼs Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at ‘BBB-’ with a Stable Outlook late...

Ratings

FHBʼs covered bonds receive Moody’s upgrade

Moodyʼs Investors Service has upgraded the covered bonds issued by FHB Mortgage Bank Co. Plc. from Ba1 (on review for...

Ratings

OTP Mortgage Bankʼs covered bonds get upgrade

Moodyʼs Investors Service has upgraded the covered bonds issued by OTP Jelzálogbank Zrt. (OTP Mortgage Bank) from Baa2 to Baa1,...

Ratings

Moody’s upgrades four Hungarian banks

Moodyʼs Investors Service has taken rating actions on four Hungarian banks, prompted by the upgrade of the Hungarian governmentʼs debt...

Ratings

City of Budapest gets Moody’s rating upgrade

Moodyʼs Public Sector Europe (MPSE) has upgraded the issuer rating of the City of Budapest, Hungary’s capital, from Ba1 to...

Ratings

Moody’s elevates Hungary from junk to investment grade

Hungary’s long-term issuer and senior unsecured government bond ratings have been upgraded by one notch to Baa3 from Ba1 by...

Ratings

Moody’s decision on Hungary anticipated eagerly

This eveningʼs rating decision by credit rating agency Moody’s is being closely watched in Hungary, and by investors with an...

Ratings

Fitch downgrades Hungarian CIB Bank, Slovenian Banka Koper

The outlook of Hungary’s CIB Bank, as well as of Slovenia’s Banka Koper, has been downgraded to negative by ratings...

Ratings

Moody’s upgrades FHB after SZHISZ members boost stake

Moody’s Investors Service has upgraded the long-term local and foreign-currency deposit ratings of FHB Mortgage Bank from Caa1 to B3...

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...