Ratings

Ratings

Forint back in euro-dollar crossfire

The forint was trading at 310.40 to the euro late Monday on the interbank forex market, up from final quotes...

Ratings

S&P: Hungaryʼs junk rating affirmed with stable outlook

Standard & Poorʼs Ratings Services affirmed Hungaryʼs junk rating at "BB plus", with "stable" outlook, in a scheduled review on Friday....

Ratings

Moodyʼs downgrades FHB deposit rating

Moodyʼs Investor Service on Tuesday announced the downgrade of the long-term deposit rating of FHB Mortgage Bank to Caa1 from...

Ratings

Forint firms on bond auction results

The forint was trading at 312.17 to the euro late Tuesday on the interbank forex market, up from final quotes...

Ratings

Report: S&P to review Hungaryʼs credit rating on Friday

Standard & Poorʼs Ratings Services will review Hungaryʼs sovereign credit rating on Friday with a possibility of upgrading the outlook...

Ratings

Forint caught in the euro-dollar crossfire

The forint was trading at 313.37 to the euro late Monday on the interbank forex market, slightly up from final...

Ratings

Moody’s: Hungary could be upgraded with sustained growth

Moodyʼs would consider upgrading Hungaryʼs government bond rating if there were signs of policy-supported, sustained growth prospects and declining government...

Ratings

S&P revises MOL outlook to positive

Standard and Poorʼs on Friday said it revised its outlook on Hungarian oil and gas company MOL from stable to...

Ratings

Moodyʼs: Hungaryʼs junk rating remains untouched

Rating agency Moodyʼs Investors Service left Hungaryʼs "Ba1" sovereign long-term foreign and domestic issuer rating, one notch under investment grade, with "stable"...

Ratings

Forint rebounds on improved sentiment, bond results

The forint was trading at 315.83 to the euro late Thursday on the interbank forex market, up from 318.07 late...

Ratings

MNB raises 2015 inflation forecast to 0.3%

The National Bank of Hungary (MNB) has raised its inflation forecast for 2015 to 0.3% from 0% in its fresh...

Ratings

Moodyʼs concludes rating reviews of OTP, OTP Jelzálogbank, MKB

Ratings agency Moodyʼs concluded rating reviews of Hungaryʼs OTP Bank, OTP Jelzálogbank and MKB Bank, following the introduction of the...

Ratings

Analysts: Hungary’s rating could be updated to investment grade

Fitch Ratings could upgrade Hungaryʼs sovereign credit ratings to investment grade by the end of this year, London-based emerging markets...

Ratings

Fitch: Eximbank, MFB, K&H revised to positive

Fitch Ratings yesterday affirmed the Long-term Issuer Default Ratings (IDRs) of the Hungarian Export Import Bank (Eximbank) and the Hungarian...

Ratings

Moodyʼs assigns (P)Ba1 debt rating to MFB bonds

Moodyʼs Investors Service yesterday assigned a provisional (P)Ba1 long-term foreign-currency senior unsecured debt rating to Hungarian state-owned MFB’s (Hungarian Development...

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...