News & Credit Rating Announcements
21 March 2025 | Country: Cyprus
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Cyprus – Sovereign Ratings Upgraded; Outlook Revised to Stable
Overview
Capital Intelligence Ratings (CI Ratings or CI) today announced that it has upgraded the Republic of Cyprus' Long-Term Foreign Currency Rating (LT FCR) to 'BBB+', from 'BBB'. At the same time, CI Ratings has affirmed the sovereign's Short-Term FCR (ST FCR) at 'A2'. The Outlook for the ratings has been revised to Stable from Positive following the upgrade.
Attachments
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Rating Announcement (CRA)
PDF Download Available
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Sovereign Rating Report (Cyprus)
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