International rating agency Moody’s considers the fiscal-budgetary measures recently adopted by the Romanian government as an “important step” toward restoring budgetary balance, specifying the plan should narrow the gap and slow down public debt growth faster than previously anticipated, in line with the agency’s latest report, published on July 9th, and quoted by Romania Finance Ministry.
Raiffeisen Bank S.A. (the Bank) has informed investors on March 19 that Moody’s Rating Agency affirmed Baa1 for the long term deposit rating and for the senior unsecured bond rating and Baa2 for senior non-preferred debt.
International rating agency Moody’s has revised Romania’s credit outlook from stable to negative, citing concerns over the country’s fiscal strength and rising debt burden.
Rating agency Moody’s estimates Romania economy will grow by 3% in 2024 and 3.5% in 2025, supported by consumption, but also by public and private investment, while the government will further face high fiscal and current account gaps, reveals a periodic report on the local market.
International rating agency Moody’s Investors Service (Moody’s) has affirmed the Romanian Government's long-term Issuer and Senior Unsecured Ratings at Baa3 and has also affirmed the Senior Unsecured MTN program Rating at (P)Baa3.
Rating agency Moody’s Investors Service upgraded by one notch, to A2 from A3, the rating assigned to the mortgage covered bonds issued by lender Alpha Bank Romania.
Romania had the lowest government support package to fight the effects of the coronavirus pandemic in Central and Eastern Europe, of just 4% of GDP, a report by ratings agency Moody’s showed.