51 result(s) for moody rating
Moody’s Downgrades Hungary’s Erste, FHB Banks
- 13 Aug 2014 3:00 AM
- business
Moody’s Investors Service downgraded the deposit ratings of Erste Bank Hungary and FHB Mortgage Bank both to B3 from B2 on Tuesday, the ratings agency announced. Moody’s maintained the negative outlook for both banks, citing “increased risk of losses” resulting from recently adopted borrowers’ relief legislation and “ongoing negative pressure on...financial fundamentals”.
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.
Xpat Opinion: Downgrading By Standard & Poor’s Criticised In Hungary
- 28 Nov 2012 8:00 AM
- current affairs
A pro-government commentator calls the downgrading of Hungary’s sovereign debt by S&P “low grade entertainment”, unsubstantiated by the actual state of Hungarian public finances.
Hungarian Cabinet Promises To Announce Reforms In February
- 15 Dec 2010 12:00 AM
- business
"Hungary's structural reform plans, officially entitled the Hungarian Growth and Stability Programme, will be finalised by late February, government spokeswoman Anna Nagy announced after the cabinet held its weekly meeting.
Hungarian Foreign Minister Martonyi Criticises Moody's Downgrade
- 15 Dec 2010 12:00 AM
- current affairs
"It was a huge mistake for Moody's credit-rating agency to downgrade Hungarian debt, Foreign Minister Janos Martonyi said on the BBC's “Hard Talk” programme in London last week. Calling the downgrade completely unfounded, he asked: “If we can meet the deficit targets for this year, next year and 2012, why should we think that we cannot meet these goals in 2013, 2014 or 2015?” Hungary can safely ...
Hungary Downgraded By Moody’s
- 8 Dec 2010 2:00 AM
- current affairs
Hungary’s sovereign credit rating on Monday was reduced to Baa3 from Baa1 by Moody’s Investors Service, according to Bloomberg. Baa3 is the lowest investment grade, and one step away from speculative, or “junk” category. The Hungarian Forint weakened after the announcement.
Moody’s Downgrades Hungary’s Erste, FHB Banks
- 13 Aug 2014 3:00 AM
- business
Moody’s Investors Service downgraded the deposit ratings of Erste Bank Hungary and FHB Mortgage Bank both to B3 from B2 on Tuesday, the ratings agency announced. Moody’s maintained the negative outlook for both banks, citing “increased risk of losses” resulting from recently adopted borrowers’ relief legislation and “ongoing negative pressure on...financial fundamentals”.
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.
Xpat Opinion: Downgrading By Standard & Poor’s Criticised In Hungary
- 28 Nov 2012 8:00 AM
- current affairs
A pro-government commentator calls the downgrading of Hungary’s sovereign debt by S&P “low grade entertainment”, unsubstantiated by the actual state of Hungarian public finances.
Hungarian Cabinet Promises To Announce Reforms In February
- 15 Dec 2010 12:00 AM
- business
"Hungary's structural reform plans, officially entitled the Hungarian Growth and Stability Programme, will be finalised by late February, government spokeswoman Anna Nagy announced after the cabinet held its weekly meeting.
Hungarian Foreign Minister Martonyi Criticises Moody's Downgrade
- 15 Dec 2010 12:00 AM
- current affairs
"It was a huge mistake for Moody's credit-rating agency to downgrade Hungarian debt, Foreign Minister Janos Martonyi said on the BBC's “Hard Talk” programme in London last week. Calling the downgrade completely unfounded, he asked: “If we can meet the deficit targets for this year, next year and 2012, why should we think that we cannot meet these goals in 2013, 2014 or 2015?” Hungary can safely ...
Hungary Downgraded By Moody’s
- 8 Dec 2010 2:00 AM
- current affairs
Hungary’s sovereign credit rating on Monday was reduced to Baa3 from Baa1 by Moody’s Investors Service, according to Bloomberg. Baa3 is the lowest investment grade, and one step away from speculative, or “junk” category. The Hungarian Forint weakened after the announcement.