Credit rating agencies
Turkey has good growth prospects compared with BRICs: Fitch
Turkey is a large emerging market with good growth prospects relative to most of the BRICs, the senior director of global rating agency Fitch Ratings has said.
Speaking to Anadolu Agency Feb. 16, Fitch Ratings Senior Director Paul Rawkins said the risks lie mostly on the external side for the country.
S&P cuts Russia credit rating to 'junk'
Standard and Poor's stripped Russia of its investment-grade rating on Jan. 26, cutting it to "junk" status with a warning of weak growth.
"The downgrade reflects our view that Russia's monetary policy flexibility has become more limited and its economic growth prospects have weakened," the ratings agency said in a statement announcing the one-notch cut to a 'BB+' rating.
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Fitch affirms Serbia's credit rating at B+
BELGRADE - The Fitch Ratings credit rating agency has affirmed Serbia's B+ credit rating, the Public Debt Administration announced on Monday.
Serbia's credit outlook remained stable, the Public Debt Administration said on its website.
In January last year, the agency downgraded Serbia's rating from BB - with negative outlook to B+ with stable outlook.
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Moody's Lowers Russian Bond, Deposit Ceiling
International rating agency Moody's Investors Services has placed on review for downgrade the long-term deposit, debt and issuer ratings and bank financial strength ratings (BFSRs) of 16 Russian financial institutions.
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Fitch places Piraeus Bank's B+ bond rating on RWE
Fitch Ratings has placed Piraeus Banks mortgage-covered bonds B+ rating on Rating Watch Evolving (RWE).
The rating action follows the segregation of new assets that the issuer put into the cover pool last week.
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Fitch Maintains Bulgaria’s Credit Rating At ‘BBB-‘ With Stable Outlook
Fitch has affirmed Bulgaria's long-term foreign and local currency Issuer Default Ratings (IDR) at 'BBB-'and 'BBB', respectively, with stable outlook.
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Cyprus to sound out European investors on new bonds
Bailed-out Cyprus will be putting out market feelers next week about a possible new bond issue, choosing Barclays, HSBC, Morgan Stanley and SG CIB to organize meetings with European investors.
Fitch keeps Greek rating at ‘B,’ outlook stable
Fitch Ratings retained Greeces sovereign credit rating at B and its outlook as stable late on Friday but warned of a downgrade should snap elections prove inconclusive or negotiations with the countrys creditors fail to result in an agreement.
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S&P Maintains Stable Outlook on Bulgaria’s Rating
Standard and Poor's maintains its stable outlook on Bulgaria's sovereign credit rating and will publish a rating update on December 12, a senior S&P official has said.
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Difficulties growing despite Fitch’s positive report
A long-awaited decision on the markets by the international rating agency Fitch was made public on Friday