Fitch downgrades France鈥檚 credit rating
French politicians sounded the alarm after the Fitch agency downgraded the country鈥檚 credit rating, with the outgoing interior minister on Saturday blaming the move on 鈥榙ecades of fiscal mismanagement鈥�...
Tags : credit rating
BB relaxes credit rating rules
Bangladesh Bank has relaxed its Internal Credit Risk Rating System (ICRRS) guidelines for banks, allowing them to approve, renew, or adjust loans for borrowers with an 鈥榰nacceptable鈥� credit rating...
S&P upgrades India rating
S&P upgraded India鈥檚 long-term sovereign credit rating on Thursday, with the agency citing New Delhi鈥檚 鈥榗ommitment to fiscal consolidation鈥� and its 鈥榖uoyant economic growth鈥�...
Peoples Insurance gets 鈥楢AA鈥� credit rating
Credit Rating Information and Services Limited has assigned 鈥楢AA鈥� credit rating to Peoples Insurance Company Limited, said a press release...
NRBC Bank holds workshop on credit rating
NRBC Bank PLC organised a daylong workshop on the Credit Rating System and Capital Management Techniques on Saturday...
Prime Bank鈥檚 gets AAA credit rating
Credit Rating Agency of Bangladesh Limited has upgraded Prime Bank鈥檚 long-term credit rating to AAA and reaffirms short-term rating to ST-1, said a press release...
BRAC Bank gets B+ credit rating from S&P
BRAC Bank has secured a 鈥楤+鈥� credit rating with a 鈥楽table鈥� outlook, as affirmed by the world鈥檚 leading credit rating agency, S&P Global Ratings, said a press release...
Moody鈥檚 downgrades France credit rating to Aa3
Ratings agency Moody鈥檚 downgraded France鈥檚 credit rating Saturday to Aa3 with a stable outlook, following months of political crisis and the appointment of centrist Francois Bayrou as prime minister...
BB urges banks to rebuild global image after Moody鈥檚 downgrade
The Bangladesh Bank on Monday asked the country鈥檚 commercial banks to devise strategies to restore their global reputation following the Moody鈥檚 recent downgrade of Bangladesh鈥檚 long-term sovereign credit rating...
Issues govt needs to address for better credit rating
WHEN a renowned international credit rating agency such as Moody鈥檚 downgrades a country鈥檚 credit ranking or its outlook on the banking sector, it entails some consequences for the country. The agency on November 18 downgraded Bangladesh鈥檚 credit rating to B2 from B1, citing heightened political risks and lower growth. It also downgraded its outlook...
Fitch upgrades Argentina debt rating amid economic pain
Credit ratings agency Fitch upgraded Argentina鈥檚 sovereign debt rating to 鈥楥CC鈥� from 鈥楥C鈥� on Friday, citing improved ability to meet upcoming foreign debt payments and successful economic reforms under President Javier Milei...
Moody鈥檚 cuts France outlook, opening door to credit downgrade
Ratings agency Moody鈥檚 downgraded France鈥檚 outlook Friday, opening the door to a potential credit rating cut as it cited concerns over the country鈥檚 finances...
S&P downgrades Ukraine credit rating to 鈥榮elective default鈥�
The US ratings agency S&P cut Ukraine鈥檚 credit rating to 鈥榮elective default鈥� on Friday, citing the war-torn country鈥檚 failure to make a coupon payment on an existing bond...
Fitch downgrades Kenya鈥檚 credit rating citing tax U-turn
The US ratings agency Fitch downgraded Kenya鈥檚 credit rating Friday following its president鈥檚 decision to scrap key measures of a controversial finance bill in the face of strong public opposition...
S&P lowers Bangladesh credit rating
US-based credit ratings agency S&P Global downgraded Bangladesh鈥檚 credit rating on Tuesday, citing pressures on external metrics and the ongoing violence in the country...
Fitch Ratings downgrades Bangladesh
United States-based credit rating agency Fitch Ratings has downgraded Bangladesh's Long-Term Foreign-Currency Issuer Default Rating to 'B+' from 鈥笲B-鈥�, due to the lingering weakening of the country's external buffers...
BRAC Bank again rated AAA by CRAB
BRAC Bank has again been rated AAA by Credit Rating Agency of Bangladesh, said a press release...