48 result(s) for fitch rating
Fitch: Hungary Among Most Likely Sovereigns For Investment Grade Upgrade
- 4 Nov 2015 8:00 AM
- business
Hungary’s “BB+” sovereign credit rating is a single notch below investment grade and its outlook is positive and it is likely to be upgraded to investment category, Fitch Ratings said. Ever since Hungary was downgraded to speculative grade in January 2012, its credit profile has improved considerably, consistent with the current positive outlook, Fitch said.
Fitch Does Not Expect Change To Hungary Rating In Short Term
- 30 Apr 2015 9:00 AM
- business
Fitch Ratings does not expect a change to Hungary’s sovereign rating in the short term, the ratings agency said in an emailed response to Reuters before a review scheduled for May 22. Fitch rates Hungary BB+, one notch below investment grade, with a stable outlook. “The external front is where we are seeing the main improvement.
Standard & Poor’s Upgrades Hungary’s Junk Credit Rating
- 23 Mar 2015 8:00 AM
- business
Hungary’s junk credit rating has been upgraded by Standard & Poor’s, which cited the country’s improving growth outlook and its better preparedness to handle unexpected crises. Hungary had lost its investment grade credit rating as far back as 2011. S&P said in a statement Friday that it was raising Hungary’s rating from BB to BB+, one step below investment grade, bringing its assessment in line ...
Bank Levy Reduction Could Benefit Hungary Rating
- 12 Feb 2015 8:00 AM
- business
The government’s plan to reduce the bank levy could have a positive impact on Hungary’s sovereign rating, Reuters quoted an analyst for Fitch Ratings as saying. “One key policy would be to reduce this tax on the banking sector and that I think would be positive for our assessment,” Arnaud Louis said.
Unicredit Does Not Intend To Leave Hungary
- 12 Dec 2014 8:00 AM
- business
Italy’s UniCredit Bank has no intention of leaving Hungary, Gianni Franco Papa, Deputy chief executive of UniCredit Bank Austria has said. Papa reacted to an analysis on the Austrian banking sector published by Fitch Ratings. “Our local bank was one of very few profitable banks there till the end of Q3 2014.
Foreign Parents To Be Hit By FX Bailout Costs In Hungary, Says Fitch
- 9 Jul 2014 9:00 AM
- business
Foreign owners will need to inject capital into their Hungarian units because of compensation lenders are asked to pay as part of a new law on relief for borrowers, Fitch Ratings said on Tuesday.
Fitch Ratings Affirms Hungary At BB+, Outlook Stable
- 10 Jun 2014 9:00 AM
- business
Fitch Ratings on Friday affirmed Hungary’s long-term foreign currency rating at ‘BB+’ with stable outlook, and its local currency rating at ‘BBB ’. Fitch said Hungary’s gross general government debt, at 79.2% of GDP in 2013, was around twice the ‘BB’ and ‘BBB’ medians and remained “Hungary’s key rating weakness”.
Fitch Ratings Affirms Hungary At BB+
- 12 Dec 2013 2:00 AM
- business
Fitch Ratings on Wednesday affirmed Hungary’s long-term foreign currency rating at ‘BB+’ with a stable outlook, and its local currency rating at ‘BBB-’. The outlooks on the long-term ratings are stable, the country ceiling has been affirmed at ‘BBB’ and the short-term foreign currency rating at ‘B’, the agency said in a report.
Hungary's Minister Varga: IMF Has A Difference Of Opinion With The European Commission
- 30 Jan 2013 8:01 AM
- current affairs
The IMF and EU delegations, which have just concluded a visit to Budapest, are "positive" about Hungary's measures to restore the country's fiscal balance over the past two years, Mihály Varga, the country's chief negotiator said in a statement on Monday.
Fitch: Hungary Among Most Likely Sovereigns For Investment Grade Upgrade
- 4 Nov 2015 8:00 AM
- business
Hungary’s “BB+” sovereign credit rating is a single notch below investment grade and its outlook is positive and it is likely to be upgraded to investment category, Fitch Ratings said. Ever since Hungary was downgraded to speculative grade in January 2012, its credit profile has improved considerably, consistent with the current positive outlook, Fitch said.
Fitch Does Not Expect Change To Hungary Rating In Short Term
- 30 Apr 2015 9:00 AM
- business
Fitch Ratings does not expect a change to Hungary’s sovereign rating in the short term, the ratings agency said in an emailed response to Reuters before a review scheduled for May 22. Fitch rates Hungary BB+, one notch below investment grade, with a stable outlook. “The external front is where we are seeing the main improvement.
Standard & Poor’s Upgrades Hungary’s Junk Credit Rating
- 23 Mar 2015 8:00 AM
- business
Hungary’s junk credit rating has been upgraded by Standard & Poor’s, which cited the country’s improving growth outlook and its better preparedness to handle unexpected crises. Hungary had lost its investment grade credit rating as far back as 2011. S&P said in a statement Friday that it was raising Hungary’s rating from BB to BB+, one step below investment grade, bringing its assessment in line ...
Bank Levy Reduction Could Benefit Hungary Rating
- 12 Feb 2015 8:00 AM
- business
The government’s plan to reduce the bank levy could have a positive impact on Hungary’s sovereign rating, Reuters quoted an analyst for Fitch Ratings as saying. “One key policy would be to reduce this tax on the banking sector and that I think would be positive for our assessment,” Arnaud Louis said.
Unicredit Does Not Intend To Leave Hungary
- 12 Dec 2014 8:00 AM
- business
Italy’s UniCredit Bank has no intention of leaving Hungary, Gianni Franco Papa, Deputy chief executive of UniCredit Bank Austria has said. Papa reacted to an analysis on the Austrian banking sector published by Fitch Ratings. “Our local bank was one of very few profitable banks there till the end of Q3 2014.
Foreign Parents To Be Hit By FX Bailout Costs In Hungary, Says Fitch
- 9 Jul 2014 9:00 AM
- business
Foreign owners will need to inject capital into their Hungarian units because of compensation lenders are asked to pay as part of a new law on relief for borrowers, Fitch Ratings said on Tuesday.
Fitch Ratings Affirms Hungary At BB+, Outlook Stable
- 10 Jun 2014 9:00 AM
- business
Fitch Ratings on Friday affirmed Hungary’s long-term foreign currency rating at ‘BB+’ with stable outlook, and its local currency rating at ‘BBB ’. Fitch said Hungary’s gross general government debt, at 79.2% of GDP in 2013, was around twice the ‘BB’ and ‘BBB’ medians and remained “Hungary’s key rating weakness”.
Fitch Ratings Affirms Hungary At BB+
- 12 Dec 2013 2:00 AM
- business
Fitch Ratings on Wednesday affirmed Hungary’s long-term foreign currency rating at ‘BB+’ with a stable outlook, and its local currency rating at ‘BBB-’. The outlooks on the long-term ratings are stable, the country ceiling has been affirmed at ‘BBB’ and the short-term foreign currency rating at ‘B’, the agency said in a report.
Hungary's Minister Varga: IMF Has A Difference Of Opinion With The European Commission
- 30 Jan 2013 8:01 AM
- current affairs
The IMF and EU delegations, which have just concluded a visit to Budapest, are "positive" about Hungary's measures to restore the country's fiscal balance over the past two years, Mihály Varga, the country's chief negotiator said in a statement on Monday.