| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers N > Headlines for National Bank of Hungary > News item |
S&P: Hungary remains on watch
Standard & Poor's said it maintained its CreditWatch on the BBB-/A-3 foreign- and local-currency sovereign credit ratings on the Republic of Hungary.
The ratings were initially placed on CreditWatch with negative implications on Nov. 11.
The BBB- long-term rating on the National Bank of Hungary will also remain on CreditWatch with negative implications for the same period, the agency said.
The CreditWatch status reflects S&P's view of the likelihood of a downgrade if economic growth prospects and fiscal and external performance are impaired by weaker predictability and credibility of Hungary's policy framework.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.