News in Brief
Moody’s Ratings gives "favorable assessment" of Hungary’s economy
The finance minister noted that Moody’s had not taken a rating action and said Hungary’s current rating remained in force with a stable outlook.
Moody's
M
News in Brief
Moody’s affirms Hungary’s Baa2 sovereign rating with a stable outlook
The rating agency expects Hungary’s economy to grow by 3% in 2024 on the back of strong exports, a high investment rate and a pickup in consumption supported by increasing...
News in Brief
Moody’s upgrades Hungary’s sovereign rating to Baa2
The National Bank of Hungary welcomed the decision, noting that it had repeatedly indicated that Hungary was ripe for another upgrade.
News in Brief
Moody's confirm Hungary’s diversified economy and disciplined fiscal policy support ‘Baa3’ credit rating
Leading ratings agency Moody said in its annual report that Hungary’s diversified economy and disciplined fiscal policy support the country’s ‘Baa3’ credit rating with a stable outlook.
News in Brief
Moody’s changes Hungary‘s outlook from positive to stable
Moody’s expects Hungarian banks’ non-performing loans to fall to around 5.5 percent of total loans by the end of 2019, from 6.2 percent in 2018 and around 15 percent in 2016. Household spending and both private and EU-backed investment are driving the economy.
News in Brief
Moody’s affirms Hungary’s Baa3 ratings with a stable outlook
Moody’s projected Hungary’s GDP growth would reach 4.3 percent in 2018 and 3.4 percent in 2019
News in Brief
Hungary could receive an upgrade of its sovereign rating next week
National Bank of Hungary (NBH) deputy governor Márton Nagy said the upgrade is expected when Standard & Poor’s review is next scheduled
News in Brief
Credit rating agency Moody’s to review Hungary’s sovereign debt rating
The review may surprise the finance industry by yet again boosting Hungary’s outlook. Moody’s has remained the only major rating agency with a stable outlook. Both S&P and Fitch have a positive outlook
News in Brief
JCRA upgrades Hungary's credit rating making it the fourth major agency to do so in just one year
The news comes after three of the most influential credit rating agencies in the world upgraded Hungary's rating in 2016. Fitch was the first to upgrade Hungary to investment grade in May, followed by S&P in September then Moody's in November
News in Brief
Hungary's central bank to keep base rate at 0.9 percent
The bank could maintain loose monetary conditions until 2018-2019
News in Brief
Budapest stock at record highs after Moody's elevates Hungary to investment grade
Moody's upgrade had been widely anticipated as both Fitch and Standard & Poor's had already lifted Hungary to investment grade earlier this year
News in Brief
Hungary upgraded by leading rating agency
Standard & Poor's has raised Hungary's rating by one notch to BBB- from BB+ and has lifted the country out of 'junk status'