Capital Intelligence Ratings Ltd.

03/22/2025 | Press release | Distributed by Public on 03/21/2025 15:07

Cyprus – Sovereign Ratings Upgraded; Outlook Revised to Stable

22 March 2025 | Country: Cyprus

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has upgraded the Republic of Cyprus' Long-Term Foreign Currency Rating (LT FCR) to 'BBB+', from 'BBB'. At the same time, CI Ratings has affirmed the sovereign's Short-Term FCR (ST FCR) at 'A2'. The Outlook for the ratings has been revised to Stable from Positive following the upgrade.

Attachments

  • Rating Announcement (CRA)
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