Ratings

Ratings

S&P to review Hungary’s sovereign rating today

Rating agency Standard and Poor’s is scheduled to review Hungary’s sovereign rating today, and an announcement on the review will...

Ratings

S&P upgrade surprises market, investment seen rising

The Friday decision by credit rating agency Standard & Poorʼs to upgrade Hungaryʼs sovereign rating came as a surprise for...

Ratings

S&P puts Hungary back in investment grade

Standard and Poorʼs Global Ratings said Friday it has raised its long and short-term foreign and local currency sovereign credit...

Ratings

Moodyʼs upgrades K&H, Erste, Budapest Bank and MKB

Moodyʼs Investors Service said late yesterday it upgraded the ratings of K&H Bank in Hungary, Erste Bank Hungary, Budapest Bank...

Ratings

S&P upgrades OTP Bank to ‘BB+’

Citing positive developments in Hungaryʼs overall banking system, S&P Global Ratings Services raised its long-term foreign and local currency counterparty...

Ratings

S&P affirms Takarékbank ratings, suggests bank could do better

Saying the bank compares poorly with its peers, S&P Global Ratings Services yesterday said it affirmed its “BB/B” long- and...

Ratings

Moodyʼs: Hungaryʼs debt dynamics remain benign in 2016-17

Hungaryʼs debt dynamics remain benign in 2016-17, despite challenges to economic growth and deficit revisions, ratings agency Moodyʼs Investors Service...

Ratings

Moody’s leaves Hungary’s debt in ‘junk’ range

Moody’s Investors Service announced late yesterday that it would not upgrade Hungary’s sovereign debt rating from “junk” to investment grade....

Ratings

Moodyʼs could announce upgrade for Hungary on Friday

Moody’s Investors Service will announce Friday evening whether it has chosen to improve Hungary’s rating from “junk grade” to “investment...

Ratings

Moodyʼs revisits banksʼ ratings and outlooks; upgrades possible

Ratings agency Moodyʼs Investors Service yesterday took rating actions on five Hungarian banking groups, prompted by the rating agencyʼs change...

Ratings

Moody’s upgrades Hungary’s banking system outlook to positive

Ratings agency Moody’s Investors Service upgraded the outlook of Hungary’s banking system to positive, the rating agency said today in...

Ratings

Report: S&P upgrade of Hungary ‘unlikely’

Standard & Poorʼs ratings agency is likely to leave Hungaryʼs debt in “junk” territory, due to unpredictable economy policies and...

Ratings

Fitch Ratings upgrades Hungarian banks

Fitch Ratings today upgraded the credit ratings of Hungarian banks in connection with the recently announced upgrade of the countryʼs...

Ratings

Hungary’s growth should focus on savings, developments

In order for Hungaryʼs economy to grow, the country needs to shift its focus toward domestic savings and developments, National...

Ratings

Nomura: Fitch upgrade of Hungary a ‘distraction’

The upgrade of Hungary by Fitch late Friday is a “distraction from the underlying narrative of a much weaker underlying...

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...