articles | 03 December 2017

DBRS confirms Cyprus’ ratings at BB

DBRS Ratings Limited (DBRS) has confirmed Cyprus’ Long-Term ratings at BB (low) and changed the trend to positive from stable, according to a recent announcement.

DBRS has also confirmed the Short-Term Ratings at R-4 and maintained the stable trend.

According to the rating agency, the positive trend reflects DBRS’s view that Cyprus’ solid fiscal and economic performances are likely to be maintained, leading to the further decline in the government debt-to-GDP ratio.

Source: CNA

Cooperation Partners
  • Logo for Cyprus Investment Funds Association
  • Logo for Cyprus In Your Heart
  • Logo for Invest Cyprus
  • Logo for Association of Cyprus Banks
  • Logo for Ministry of Energy, Commerce, Industry and Tourism
  • Logo for Cyprus Chamber of Commerce and Industry
  • Logo for CYFA Cyprus
  • Logo for Cyprus Shipping Chamber
  • Logo for Cyprus International Businesses Association