89 result(s) for credit rating
Fitch To Review Hungary’s Credit Rating This Week
- 14 Nov 2016 8:00 AM
- business
Ratings agency Fitch will review Hungary’s sovereign credit rating on November 18. This will be the last scheduled sovereign credit rating review of Hungary in 2016. Fitch raised Hungary’s sovereign rating to “BBB-” from “BB+”, moving it back to investment grade with a “stable” outlook for the rating in May.
Fiscal Council: Return To Investment Grade Expands Room For Manoeuvre
- 8 Nov 2016 8:00 AM
- business
Moody’s decision to return Hungary to investment grade will expand room for financial manoeuvre and bring new capital to Hungary, head of the Fiscal Council Árpád Kovács told daily Magyar Hírlap. Moody’s bumped Hungary back into investment grade late on Friday, the last of the big three ratings agencies to do so. Kovács said the decision was also in recognition of Hungary’s economic policy.
Economy Minister Holds Talks During Annual Meetings Of World Bank, IMF
- 10 Oct 2016 9:00 AM
- business
The Hungarian economy minister met the heads of several international financial institutions as well as representatives of investor groups on the occasion of the annual meetings of the World Bank Group and the International Monetary Fund in Washington, DC, on Saturday, his ministry said.
S&P Bumps Hungary Back Into Investment Grade
- 19 Sep 2016 9:00 AM
- business
Standard and Poor’s raised its longand short-term foreign and local currency sovereign credit ratings on Hungary to ‘BBB-/A-3’ from ‘BB+/B’, putting the country back in investment grade. S&P also raised its rating for the National Bank of Hungary (NBH) to ‘BBB-’ from ‘BB+’. The outlook on both Hungary and the NBH is stable.
Moodyʼs Upgrades K&H, Erste, Budapest Bank And MKB
- 28 Jul 2016 9:00 AM
- business
Moodyʼs Investors Service said late yesterday it upgraded the ratings of K&H Bank in Hungary, Erste Bank Hungary, Budapest Bank and MKB Bank, Hungarian news agency MTI reported.
Moody’s Upgrades Hungary’s Banking System Outlook To Positive
- 30 Jun 2016 9:00 AM
- business
Ratings agency Moody’s Investors Service upgraded the outlook of Hungary’s banking system to positive, the rating agency said today in a report entitled “Banking System Outlook - Hungary”. Moodyʼs noted, however, that government support for banks in the EU, including Hungary, is less certain under the provisions of the EUʼs Bank Recovery and Resolution Directive.
Moody’s Puts FHB On Review For Downgrade
- 23 Jun 2016 9:00 AM
- business
Moody’s Investors Service has placed FHB Mortgage Bank’s baseline credit assessment, long-term deposit ratings and long-term counterparty risk assessment under review for downgrade. “This rating action reflects the increased risks to the bank’s solvency and business prospects following continued sizable losses during Q1 2016 as well as the recent measures taken by the Hungarian authorities, ...
Moody’s: Improved Employment, Higher Real Wages Positive For Banks
- 31 May 2016 9:00 AM
- business
Lower unemployment, higher employment and rising real wages should positively impact Hungary’s banking sector, ratings agency Moody’s said in an analysis. Higher real wages is credit positive for banks because it enhances households’ ability to service their bank loans and will help reduce banks’ nonperforming retail loans.
S+P Affirms Hungary Rating; Outlook Still Stable
- 21 Mar 2016 8:00 AM
- business
Standard and Poor’s Ratings Services affirmed its ‘BB+/B’ long- and shortterm foreign and local currency sovereign credit ratings on Hungary. The outlook for Hungary remains stable, S+P said. Hungary’s government reiterated that it expects upgrades by at least two of the three big ratings agencies this year.
Fitch To Review Hungary’s Credit Rating This Week
- 14 Nov 2016 8:00 AM
- business
Ratings agency Fitch will review Hungary’s sovereign credit rating on November 18. This will be the last scheduled sovereign credit rating review of Hungary in 2016. Fitch raised Hungary’s sovereign rating to “BBB-” from “BB+”, moving it back to investment grade with a “stable” outlook for the rating in May.
Fiscal Council: Return To Investment Grade Expands Room For Manoeuvre
- 8 Nov 2016 8:00 AM
- business
Moody’s decision to return Hungary to investment grade will expand room for financial manoeuvre and bring new capital to Hungary, head of the Fiscal Council Árpád Kovács told daily Magyar Hírlap. Moody’s bumped Hungary back into investment grade late on Friday, the last of the big three ratings agencies to do so. Kovács said the decision was also in recognition of Hungary’s economic policy.
Economy Minister Holds Talks During Annual Meetings Of World Bank, IMF
- 10 Oct 2016 9:00 AM
- business
The Hungarian economy minister met the heads of several international financial institutions as well as representatives of investor groups on the occasion of the annual meetings of the World Bank Group and the International Monetary Fund in Washington, DC, on Saturday, his ministry said.
S&P Bumps Hungary Back Into Investment Grade
- 19 Sep 2016 9:00 AM
- business
Standard and Poor’s raised its longand short-term foreign and local currency sovereign credit ratings on Hungary to ‘BBB-/A-3’ from ‘BB+/B’, putting the country back in investment grade. S&P also raised its rating for the National Bank of Hungary (NBH) to ‘BBB-’ from ‘BB+’. The outlook on both Hungary and the NBH is stable.
Moodyʼs Upgrades K&H, Erste, Budapest Bank And MKB
- 28 Jul 2016 9:00 AM
- business
Moodyʼs Investors Service said late yesterday it upgraded the ratings of K&H Bank in Hungary, Erste Bank Hungary, Budapest Bank and MKB Bank, Hungarian news agency MTI reported.
Moody’s Upgrades Hungary’s Banking System Outlook To Positive
- 30 Jun 2016 9:00 AM
- business
Ratings agency Moody’s Investors Service upgraded the outlook of Hungary’s banking system to positive, the rating agency said today in a report entitled “Banking System Outlook - Hungary”. Moodyʼs noted, however, that government support for banks in the EU, including Hungary, is less certain under the provisions of the EUʼs Bank Recovery and Resolution Directive.
Moody’s Puts FHB On Review For Downgrade
- 23 Jun 2016 9:00 AM
- business
Moody’s Investors Service has placed FHB Mortgage Bank’s baseline credit assessment, long-term deposit ratings and long-term counterparty risk assessment under review for downgrade. “This rating action reflects the increased risks to the bank’s solvency and business prospects following continued sizable losses during Q1 2016 as well as the recent measures taken by the Hungarian authorities, ...
Moody’s: Improved Employment, Higher Real Wages Positive For Banks
- 31 May 2016 9:00 AM
- business
Lower unemployment, higher employment and rising real wages should positively impact Hungary’s banking sector, ratings agency Moody’s said in an analysis. Higher real wages is credit positive for banks because it enhances households’ ability to service their bank loans and will help reduce banks’ nonperforming retail loans.
S+P Affirms Hungary Rating; Outlook Still Stable
- 21 Mar 2016 8:00 AM
- business
Standard and Poor’s Ratings Services affirmed its ‘BB+/B’ long- and shortterm foreign and local currency sovereign credit ratings on Hungary. The outlook for Hungary remains stable, S+P said. Hungary’s government reiterated that it expects upgrades by at least two of the three big ratings agencies this year.