Saturday 28th February 2015
NEWS TICKER: FEBRUARY 27TH 2015: The number of global weakest links increased to 154 (as of Feb. 17, 2015), with 15 additions and nine removals, according to Standard & Poor's Global Weakest Links And Default Rates: Greece's Uncertain Future Weighs On Increased Corporate Default Risk, published today on RatingsDirect. "This month, we added five Greece-based entities to the weakest links list; four 'CCC+' rated Greece-based banks and one 'B-' rated utility sector company were placed on CreditWatch with negative implications, as the European Central Bank (ECB) decided to lift the waiver on the eligibility of Greek government bonds in euro-system operations," said Diane Vazza, head of Standard & Poor's Global Fixed Income Research Group. "The CreditWatch placements reflect increased default risk looming over some Greek institutions and broader economic pressure, because Greece recently secured a four-month extension on its bailout."

Ratings agencies reaffirm EBRD's AAA status

Friday, 23 December 2011
Ratings agencies reaffirm EBRD's AAA status The AAA rating of the European Bank for Reconstruction and Development remains unchanged and the outlook for the bank's debt stock remains Stable. http://www.ftseglobalmarkets.com/

The AAA rating of the European Bank for Reconstruction and Development remains unchanged and the outlook for the bank's debt stock remains Stable.

 

The three leading international rating agencies -- Standard and Poor’s, Moody’s and Fitch -- have all reaffirmed their AAA ratings for the debt of the European Bank for Reconstruction and Development (EBRD), underscoring the Bank’s stability at a time of turbulence in financial markets.



In statements released in the last week, the agencies also described the outlook for the Bank’s debt as Stable.

They referred specifically to the EBRD’s strong capital position, which has been bolstered by a capital increase to which all of the EBRD’s major shareholders have now subscribed.

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