Portugal’s bank BCP has been awarded an investment grade rating 11 years after the banking crisis in Portugal which saw its rating plummet to speculative or ‘junk’ status. The bank’s CEO Miguel [...]
The ratings agency Fitch has maintained Portugal’s rating at BBB with a positive outlook. The ‘positive outlook’ which has replaced its previous ‘stable outlook is down to [...]
The ratings agency Moody’s has warned that snap elections could be inconclusive which would result in a political deadlock that would be “a bad thing for credit”. The deadlock would also bring [...]
The ratings agency Moody’s has finally improved Portugal’s rating from the lowest investment grade status after ‘junk’. Portugal’s rating has now gone from Baa3 to Baa2 with a stable outlook. [...]
Portugal’s public bank Caixa Geral de Depósitos has finally been removed from rating agency Moody’s ‘junk’ list. It means that following a long and difficult restructuring process led by the [...]
The ratings agency DBRS is likely to maintain its stable rating outlook for Portugal but has also issued a warning about the country’s rising debt which stands at 130% of GDP. The Canadian [...]
