Ratings

Ratings

Moody’s Revises Outlook on OTP Bank’s Credit Rating to Stable

Ratings agency Moody's on Thursday said it revised the outlook on OTP Bank's Baa3 senior unsecured debt rating to stable...

Ratings

Scope Ratings Revises Futureal’s Outlook to Stable

Scope Ratings has affirmed the BB- issuer ratings of Futureal Development Holding Kft. and Futureal Holding B.V., revising the Outlook...

Ratings

Moody’s Upgrades Raiffeisen Bank Hungary’s Senior Unsecured Ratings

Moody's Ratings on Friday said it upgraded Raiffeisen Bank Hungary's senior unsecured ratings to Baa2 from Baa3, according to state...

Ratings

Scope Ratings Affirms AutoWallis Credit Rating, Stable Outlook

Scope Ratings has completed the annual review of AutoWallis Plc’s credit rating, leading the independent institute to affirm the stable...

Ratings

Concorde and MBH Investment Bank Update Analyses for AutoWallis Shares

Concorde Securities and MBH Investment Bank upheld their buy rating and updated the 12-month target price for AutoWallis Plc. shares,...

Ratings

S&P Upgrades OTP Bank to ‘BBB/A-2’; Outlook Negative

S&P Global Ratings on Monday raised its long- and short-term issuer credit ratings on OTP Bank and OTP Mortgage Bank...

Ratings

Nat’l Economy Ministry: Hungary Maintains Investment-grade Rating

S&P Global Ratings has affirmed its sovereign credit ratings on Hungary, putting the country in the investment-grade category along with...

Ratings

Scope Affirms Masterplast Issuer Rating at ‘CCC’ With ‘Stable’ Outlook

Scope Ratings has affirmed the issuer rating of construction company Masterplast Nyrt. at "CCC," maintaining a "Stable" outlook, according to...

Ratings

Fitch Revises Outlooks on Magyar Eximbank, MFB to Stable

Fitch Ratings affirmed the BBB long-term issuer default ratings of state-owned Magyar Eximbank and Hungarian Development Bank (MFB) and revised...

Ratings

Fitch Revises Hungary’s Outlook to ‘Stable’, Affirms Debt Grade

Credit ratings agency Fitch revised its outlook on Hungary to "stable" from "negative" and affirmed the debt grade at "BBB,"...

Ratings

Moody’s Affirms OTP Rating, Changes Outlook to ‘Negative’

Moody's Ratings yesterday affirmed the "Baa3" senior unsecured debt rating of OTP Bank, Hungary's biggest commercial lender, but changed the...

Ratings

Moody’s Withdraws MOL Ratings for Business Reasons

Moody's Ratings has withdrawn the Baa3 long-term issuer rating of MOL Hungarian Oil and Gas Plc (MOL), as well as...

Ratings

Fitch Rates Upcoming Magyar Eximbank Bond Issue ‘BBB’

Fitch Ratings has assigned a "BBB" long-term rating to senior unsecured notes to be issued by Magyar Eximbank....

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...

Ratings

Fitch Ratings Affirms Hungary’s Investment-grade Rating, Albeit With Negative Outlook

Fitch Ratings has affirmed Hungary's investment-grade sovereign rating, albeit with a negative outlook, the National Economy Ministry said late Friday,...

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...

Fitch Ratings Affirms Hungary’s Investment-grade Rating, Albeit With Negative Outlook

Fitch Ratings has affirmed Hungary's investment-grade sovereign rating, albeit with a negative outlook, the National Economy Ministry said late Friday,...

Scope Affirms ‘B+’ Rating With ‘Stable’ Outlook for Kometa 99

Scope Ratings has affirmed the "B+" and "Stable" issuer rating of Hungarian meat processor Kometa 99, along with a "B+"...