Fitch raises Georgia’s outlook
Fitch Ratings has revised the Outlook on Georgia's Long-Term Foreign-Currency Issuer Default Rating (IDR) to Stable from Negative and affirmed the IDR at 'BB'.
Fitch Ratings
Georgian authorities implement good economic policy, Papuashvili says
He noted that Georgia is achieving such high results despite the situation in the region and attacks on the country from the European Union
SOCAR's rating upgraded with Stable Outlook
Fitch Ratings has upgraded Azerbaijan's State Oil Company (SOCAR) Long-Term Issuer Default Rating (IDR) and senior unsecured rating to 'BBB-' from 'BB+'. The Outlook on the Long-Term IDR is Stable, the Fitch Ratings press …
Fitch Ratings upgrades Azerbaijan's rating
Fitch Ratings has upgraded Azerbaijan's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'BBB-' from 'BB+'. The agency expects that Azerbaijan’s sovereign foreign currency assets will approach $74 …
Fitch Ratings lowers 2023 world GDP forecasts
Fitch Ratings Inc. said it again revised down world GDP forecasts for 2023 "as central banks intensify their fight against inflation and the outlook for China's property market deteriorates." Fitch said it now expects 2023 …
Fitch affirms Azerbaijan's BB+ rating
Fitch Ratings has affirmed Azerbaijan's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BB+' with a Stable Outlook, FitchRatings …
Fitch Affirms Gazprom Neft rating
Fitch Ratings has affirmed Gazprom Neft's (GPN) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at 'BBB', with a Stable Outlook. The affirmation applies to the ratings of all debt issued by GPN …
Fitch Keeps Russia's Sovereign Rating Unchanged at 'BBB' With Stable Outlook
Fitch Ratings maintained Russia's issuer default credit rating at BBB with a stable outlook, Sputnik reports. “Fitch Ratings has affirmed Russia's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at …
Fitch cuts Turkey's ratings after sacking of central bank head
Fitch Ratings downgraded Turkey’s credit rating from "BB+" to "BB-" with a negative outlook, after Turkish President Recep Tayyip Erdogan sacked governor of the central bank Murat …
Fitch affirms Kazakhstan's rating at 'BBB'
Fitch Ratings, the international rating agency, affirmed Kazakhstan’s long-term issuer default rating (IDR) at ‘BBB’ with ‘Stable’ outlook. The sovereign balance remains strong and assets in the …
Fitch Ratings affirms Georgia at 'BB-', outlook positive
Fitch Ratings has assessed Georgia’s Issuer Default Ratings (IDR) at 'BB-'. The outlook is positive, Fitch added. “Georgia's ratings are supported by governance and business environment indicators that are above …
Will trade wars undermine global economy?
Escalating global trade war could cut world GDP growth to 2.8% from 3.2% (by 0.4%), according to Fitch Ratings 2018 “Global Economic Outlook” baseline forecast. According to the agency, the U.S., Canada and Mexico would be …
Fitch revises outlook on Georgia to positive
Global rating agency Fitch Ratings revised its outlook on Georgia's long-term foreign- and local-currency issuer default ratings to positive from stable and affirmed the rating at BB-, citing favorable growth prospects. The …
Do European oil majors adjust to low prices?
Shell, Total and British Petroleum are adjusting their operations to match the realities of an under-$60-barrel price in the long run, according to a new Fitch Ratings report. The European oil majors are lowering dividends and spending …
Oreshkin: markets have long been evaluating Russia’s credit rating higher than agencies
An increase of Russia’s rating by international rating agencies is inevitable after Fitch improved its outlook, Russia's Economic Development Minister Maxim Oreshkin said at a conference at Sberbank Corporate …
Fitch, Moody's and S&P may partially stop their activities in Russia
International rating agencies Fitch, Moody's and S&P may stop assigning ratings according to the Russia national scale. It means a rejection of the work for Russian investors. The information was reported by Bloomberg with a …
Fitch Ratings: Azerbaijani Central Bank to ease capital ratio requirement
The Central Bank of Azerbaijan plans to lower the minimum capital ratio requirement for banks to 10% from the current 12%, Fitch Ratings said. “A sharp decline in the manat hit local banks' capital ratios via inflation of …