News

While the company's $600 million in financing will help it keep up with vendor payments, S&P views a planned bond exchange as ...
Bank of China has stable funding. The company's deposits represent nearly 77% of total liabilities, about 40% of which are kept as low-cost demand deposits. Both ratios remained relatively steady over ...
Former President Nana Akufo-Addo has reignited calls for the creation of an African-led credit rating agency, arguing that current global systems unfairly penalise African nations and undermine ...
Premier and Minister of Finance David Burt welcomed Morningstar DBRS’s upgrade of Bermuda’s credit ratings, which raised the long-term ratings to A [high], the short-term ratings to R-1 ...
Fitch Ratings recently downgraded Afreximbank, lowering its long-term foreign currency issuer default rating from ‘BBB’ to ‘BBB-’ with a negative outlook.
S&P Global Ratings has raised the financial strength ratings on re/insurer Convex group’s operating companies to ‘A’ from ‘A-‘, and assigned a stable outlook. The companies include: Convex Re Ltd., ...
The Credit Rating Agency of Bangladesh Limited (CRAB) has upgraded Prime Bank PLC's long-term credit rating to AAA while reaffirming its ST-1 short-term rating, reflecting the bank's robust financial ...
AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of "a-" (Excellent) of Motors Insurance Company Limited (MICL) (United Kingdom).
Credit Rating Agency of Bangladesh Limited (CRAB) has upgraded Prime Bank’s long-term credit rating to AAA, and reaffirms the short-term rating to ST-1. This significant upgrade is a strong testament ...
Cost Of Living Travel Holidaymakers could damage their credit score by taking cash out abroad Travellers should be careful how they use their cards when paying for things in another country ...
Gelpin urges these countries to become more engaged in the credit ratings process, offering insights and counter-narratives to standard perceptions.