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Cyprus credit rating upgrade ‘a vote of confidence in the govt’
08 Jun 2024 10:24 GMT
The upgrading of Cyprus’ long-term rating by agency Fitch from BBB to BBB+ is “a vote of confidence in the government”, President Nikos Christodoulides said on Saturday.
“The latest upgrade … which comes in addition to successive upgrades seen in the last …
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Fitch raises Cyprus' credit rating by a notch to BBB+ thanks to resilient economy, fiscal discipline
08 Jun 2024 00:28 GMT
… Saturday it has raised Cyprus’ credit rating by a notch to BBB … in order and a strengthened banking sector thanks in part to … to prop up Cyprus’ ailing banking sector.
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Liberty earns credit rating on par with banks
07 Jun 2024 17:00 GMT
… , strong non-banks can achieve credit ratings similar to some established banks … and governance standards in the banking sector and a stable outlook …
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Standard & Poor's upgrades credit rating of Emirates Development Bank to "AA"
04 Jun 2024 09:11 GMT
… , has elevated the long-term credit rating of the Emirates Development bank … strategy three years ago.
The credit rating agency's assessment highlights … significance of the credit rating upgrade for the UAE banking sector. He attributed …
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Nagad Digital Bank set to empower people
08 Jun 2024 15:29 GMT
… is poised to make banking accessible to millions of … issues. It will provide banking services through its website and … created an AI-based credit rating system that will analyse … other businesses. With digital banking gaining traction, the country can …
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Eric Morin on Guiding UBP's Strategic Vision of Pure Play Private Banking in Southeast Asia
04 Jun 2024 17:45 GMT
… distinguished career spanning commercial banking, investment banking, and private banking across France, the … liquidity ratio, and an AA credit rating, all key factors that reassure … in Asia's boutique banking sector, while managing industry challenges …
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Fitch upgrades Cyprus to BBB+, as President hails steady growth
08 Jun 2024 09:05 GMT
… development to improved credit ratings, declining risks in the banking sector, strong public …
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The allure of wealth in Luxembourg
07 Jun 2024 15:28 GMT
… high value customers into private banking clients.
Comprehensive wealth management solution … services industry.
Luxembourg’s AAA credit rating, one of the few in … matters, continues to attract private banking clients.
Despite increased transparency, Luxembourg …
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SMALL CAP MOVERS: SRT Marine Systems shares endure rollercoaster trading session
07 Jun 2024 13:05 GMT
SRT Marine Systems plc woke up to a rollercoaster trading session on Friday.
Shares in the onboard electronics systems group dropped over 40 per cent before rebounding sharply on what was, consequently, a bit of a 'curate's egg' of a trading …
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Initiates Coverage of TBC Bank Uzbekistan with a BB- Rating
07 Jun 2024 15:56 GMT
… few companies to achieve a credit rating of BB- in Uzbekistan, which … . We are scaling our digital banking business and launching a wide …