Moodyʼs downgrades FHB deposit rating

Ratings

Moodyʼs Investor Service on Tuesday announced the downgrade of the long-term deposit rating of FHB Mortgage Bank to Caa1 from B3 and the Counterparty Risk Assessment to B2(cr) from B1(cr), FBH said yesterday.

The outlook on the long-term deposit ratings was changed to stable from negative.

ADVERTISEMENT

Hungary's GDP drop in 2020 slightly better than OECD total r... Analysis

Hungary's GDP drop in 2020 slightly better than OECD total r...

Márki-Zay tests positive for COVID-19 Elections

Márki-Zay tests positive for COVID-19

Gábor Király named managing officer of Dentons Budapest Appointments

Gábor Király named managing officer of Dentons Budapest

BKK introducing single digital tickets City

BKK introducing single digital tickets

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.