Ratings

Ratings

Moody’s sees improved, but still sluggish, mid-term outlook for Hungary

Hungary's medium-term economic growth prospects have improved, though they remain low, continue to lag behind those of regional peers and...

Ratings

Fitch set to review Hungary sovereign rating

Hungary's sovereign debt ratings are scheduled to be reviewed by Fitch Ratings on Friday. European Union rules require rating agencies...

Ratings

Fitch downgrades K&H and Erste Bank Hungary

International financial credit rating service Fitch Ratings yesterday said it downgraded the long-term issuer default rating of both Hungarian institutions...

Ratings

Moody’s downgrades OTP Bank Russia

Moody's Investors Service announced today that it downgraded the long-term foreign and local-currency deposit ratings of OTP Bank Russia from...

Ratings

Hungary could regain investment grade in 2015

Hungary “seems to have a good chance” of being upgraded back to investment grade by credit rating agencies next year,...

Ratings

EY raises projection for GDP growth

Consultancy EY has raised its projection for GDP growth in Hungary this year to 3.3% from 2.9% in a quarterly...

Ratings

S&P: Hungary’s rating still stable

Rating agency Standard and Poor's (S&P) maintains Hungary’s long-term sovereign credit ratings at “stable”, American news wire Dow Jones reported...

Ratings

S&P upgrades OTP outlook to stable

Standard & Poor’s has improved its assessment of Hungary’s OTP Bank and OTP Mortgage Bank, upgrading the banks’ credit rating...

Ratings

Fitch withdraws support ratings of Hungarian banks

The credit-rating company Fitch Ratings announced yesterday that it will no longer provide Support Ratings of four CEE banks, including...

Ratings

Fitch affirms Hungary at ‘BB+’

Fitch Ratings on Friday affirmed Hungary’s long-term foreign currency Issuer Default Rating (IDR) at ‘BB+’ and its local currency IDR...

Ratings

S&P raises Hungary credit rating to “stable”

Ratings agency Standard and Poor’s this morning reported a revision to its outlook on the long-term sovereign credit ratings on...

Ratings

Fitch Ratings keeps Hungary at BB+ long term

Fitch Ratings on Wednesday affirmed Hungary’s long-term foreign currency rating at “BB+” with stable outlook, and its local currency rating...

Ratings

Varga: Strong demand at bond issue shows confidence in Hungary

Five-fold demand for a $2 billion dollar bond Hungary issued on Monday reflects investors’ long-term confidence in the country, Economy...

Ratings

Fitch downgrades Slovenia

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...