Moody's Investors Service
Moody's downgrades 20 Turkish financial institutions
Ratings agency Moody's has downgraded 20 financial institutions, citing the increased risk of deterioration in funding.
Investment grade still elusive for Greek bonds
Though Greece's credit rating has enjoyed gradual upgrades by rating agencies in recent months, reaching the coveted investment grade that will attract investors to the country's bonds will not be easy, according to analysts and banking groups examining Greece's position.
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Moody's raises outlook on Greek banks to positive
Moody's Investors Service said on Monday it has shifted its outlook on the Greek banking system from stable to positive on expectations of an improvement in the banks' funding and asset risk over next 12 to 18 months.
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Moody's says enhanced surveillance is credit positive
Moody's Investors Service said in an annual report on Thursday that Greece's (B3 positive) credit profile is supported by the substantial debt relief granted by the country's euro-area creditors in June, while the enhanced surveillance of the country is a credit positive development for the international ratings agency.
Rating agencies praise Cyprus after bank, tax moves
Fitch and Moody's made positive assessments of the Cypriot economy following moves by the government to deal with an upheaval in the banking sector of the Eastern Mediterranean island, statements issued on Thursday said.
Moody's expects problem loans at Turkish banks to rise
Moody's ratings expects problem loans at Turkish banks to increase to more than 4 percent of loans over the next 12-18 months compared with a low of 2.9 percent in May, the ratings agency said in a statement on July 16.
Moody's highlights concern about Turkey's Central Bank independence
Ratings agency Moody's highlighted concern about the independence of the Turkish Central Bank on July 12, saying that further challenges to its effectiveness would be negative for Turkey's sovereign rating.
Rating review focus is on policies in Turkey, not individuals: Moody's
The focus of Moody's rating review of Turkey announced this month is not on individuals, international credit rating agency Moody's said on July 11.
Turkey takes step to form 'independent and local' credit rating agency
The Big Three credit rating agencies are Standard & Poor's (S&P), Moody's, and Fitch Group. Turkey has been criticizing the three in the past.
Strong US dollar to increase credit risk for emerging markets: Moody's
Rating agency Moody's Investor Service said on June 27 a strengthening U.S. dollar since mid-April has increased the credit risk of several emerging markets due to currency depreciation.