Long-term sovereign credit rating for countries in the region

The international credit rating agencies rate ability of countries to timely repay its obligations and on the basis that they determine debt servicing ratings in both local currency and in foreign currency.

Table 1 shows the long-term foreign currency debt servicing ratings and the respective outlooks for the countries in the region which hired either one or both agencies (also hired by Bosnia and Herzegovina). This table effectively facilitates comparison and determination of our position relevant to countries in the wider region.

Table 1: Review of long-term sovereign credit rating for countries in the region
CountryMoody's Investors ServiceStandard & Poor's
Long-term / OutlookLong-term / Outlook
Albania Ba3 / stable BB-/ stable
Bosnia and Herzegovina B3 / stable B+ / stable
Bulgaria Baa1 / stable BBB / positive
Montenegro Ba3 / stable B+ / stable
Greece Ba1 / positive BBB- / positive
Croatia A3/ stable A- / positive
Hungary Baa2 / stable BBB- / stable
North Macedonia - BB- / stable
Romania Baa3 / stable BBB- / stable
Slovenia А3/ positive AA- / stable
Serbia Ba2 / positive BBB- / stable
Source: Bloomberg, data updated on November 13, 2024



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