trending Market Intelligence /marketintelligence/en/news-insights/trending/Fg3LdXZlLvMMuLX4pnrfUQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

S&P revises outlook on Croatia's Zagrebacka Banka

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity

S&P revises outlook on Croatia's Zagrebacka Banka

S&P Global Ratings on Oct. 3 revised the outlook on Zagrebacka Banka d.d.'s long-term counterparty credit rating to positive from stable, while affirming the rating at BB.

The outlook revision reflects that on Croatia, whose long-term foreign- and local-currency sovereign credit ratings outlook was changed to positive from stable on Sept. 22. The Croatian economy is expected to grow 3% in 2017 on the back of strong domestic demand and exports, S&P said.

The agency said it could raise the Croatian bank's long-term rating following an upgrade of the country.

Zagrebacka Banka is owned by UniCredit SpA.

S&P Global Ratings and S&P Global Market Intelligence are owned by S&P Global Inc.