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CI Seminars

CI Seminars

News & Credit Rating Announcements

26 November 2019 | Country: Cyprus | Bank: Bank of Cyprus

Bank of Cyprus - Ratings Affirmed with a Stable Outlook


Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has affirmed the LT FCR and ST FCR of Bank of Cyprus (BoC) at 'BB-' and 'B', respectively. The Bank has also been assigned a BSR of 'bb-'. The Outlook for the LT FCR and BSR is Stable, indicating that the ratings are unlikely to change over the next 12 months in view of the Bank's large stock of NPEs, the significantly impaired capital position due to the high level of unprovided NPEs and the related high cost of risk.


  • Rating Announcement (CRA)
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  • Bank Rating Report (Cyprus, Bank of Cyprus)
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