Ratings

Ratings

Varga: Fitch upgrade acknowledges Hungarian reforms

Economic reforms started by the government in 2010 resulted in an upgrade of Hungary back to investment grade by ratings...

Ratings

Fitch elevates Hungary’s debt rating to ‘investment grade’

Fitch Ratings today became the first ratings agency to improve Hungary’s sovereign debt rating from “junk” status to “investment grade”...

Ratings

Hungarian government projects GDP growth over 3% through 2020

The Hungarian government anticipates GDP growth to remain over 3% in the period of 2018-2020, an update of the countryʼs...

Ratings

S&P, Fitch give preliminary rating for planned MOL bond issue

Credit rating agencies Standard and Poorʼs Rating Services and Fitch Ratings have both given preliminary ratings on Thursday for the...

Ratings

Commerzbank sees 0.75% base lending rate by yearʼs end

The central bank will cut the base lending rate from its current 1.2% down to 0.75%, GDP growth will slow...

Ratings

Moody’s: Hungaryʼs external improvement ‘stands out’ in CEE

Hungary stands out among the eight central and eastern European EU economies because it has recorded the strongest improvement in...

Ratings

Fitch revises MOLʼs outlook to stable; affirms ‘BBB-’ rating

Fitch Ratings has revised Hungarian oil and gas company MOLʼs outlook to stable from negative, while affirming its long-term issuer...

Ratings

Hungary expects two credit rating upgrades this year

The Hungarian government foresees at least two of the three big ratings agencies issuing upgrades by the end of this...

Ratings

S&P keeps Hungarian debt below investment grade

Standard & Poor’s is keeping Hungary’s debt ratings in junk category, just below investment grade, the credit assessment agency announced...

Ratings

Moody’s leaves Hungary’s credit rating in ‘junk’ territory

Hungary’s credit rating remains in “junk” territory, one step below investment grade, Moody’s Investor Service announced after the close of...

Ratings

Analysts: Moodyʼs likelier to upgrade Hungary later, not today

Moodyʼs could raise Hungaryʼs sovereign rating to investment grade today, but it is more likely that the ratings agency will...

Ratings

London analysts: Hungary IG upgrade this week ‘probably too early’ but not impossible

Hungaryʼs upgrade to investment grade by Moodyʼs this week would seem “a little early”, though there is “an outside chance”...

Ratings

JCR improves Hungaryʼs outlook to positive

Tokyo-based Japan Credit Rating Agency (JCR) has improved the outlook of Hungaryʼs long-term issuer ratings from stable to positive, the...

Ratings

IMF: Hungarian economy performing well, vulnerability declined

The Hungarian economy is performing very well and its vulnerability to shocks has declined substantially, although debt levels and financing...

Ratings

Report: Forint to depreciate as monetary policy is eased

Chief Economist Jörg Krämer of Germany-based Commerzbank predicts a depreciation of the Hungarian forint as the country’s monetary policy is eased, according...

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...