trending Market Intelligence /marketintelligence/en/news-insights/trending/noflkd9mszlkxq3jgl9jtg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Fitch upgrades viability ratings of 3 Hungarian banks

COVID-19’s Impact on the Capital Markets: Identifier Issuance for Municipal Securities Sinks, but Corporate Requests Stable

How 37 Years of Default Data Can Prepare Us for the COVID-19 Fallout

Broadband-Only Homes Surge To 25% Of US Households Ahead Of COVID-19 Crisis

US Pushes Pedal To The Metal On Broadband Speeds Ahead Of COVID-19 Outbreak


Fitch upgrades viability ratings of 3 Hungarian banks

Fitch Ratings on Sept. 29 upgraded the viability ratings ofCIB Bank Zrt.,K&H Bank Zrt. andErste Bank Hungary Zrt.

CIB Bank's viability rating was upgraded to "b"from "b-", K&H Bank's to "bb+" from "bb" andErste Bank Hungary's to "b+" from "b". The agency alsoaffirmed the long- and short-term issuer default ratings of K&H Bank andErste Bank Hungary at BBB/F2 and of CIB Bank at BBB-/F3. All three banks'support ratings were affirmed at 2.

The outlooks on the long-term issuer default ratings of theKBC Group NV,Erste Group Bank AGand Intesa SanpaoloSpA units are stable.

The viability rating upgrades reflect Fitch's view that theoperating and regulatory environments have stabilized for Hungarian banks,decreasing pressures on asset quality and profitability.