Announcements
Drinks

10/10/2025 Rating announcement EN
Scope affirms Republic of Cyprus’s credit ratings at A- and revises the Outlook to Positive
Strong fiscal outlook, robust economic growth, and reduced vulnerabilities in the banking system drive the outlook change. The small, open economy, large external imbalances and legacy vulnerabilities in the banking sector are key challenges.

25/10/2024 Rating announcement EN
Scope upgrades the Republic of Cyprus’ long-term credit ratings to A-; Outlook Stable
Strong fiscal outlook, robust economic growth, and reduction in financial system risks drive the upgrade. The small, open economy, and large external imbalances anchor the ratings.

17/11/2023 Rating announcement EN
Scope upgrades the Republic of Cyprus's credit ratings to BBB+; Outlook Stable
Solid economic fundamentals, a very favourable fiscal outlook and debt trajectory, and reduction in banking sector vulnerabilities drive the upgrade. A small, open economy, large non-performing exposures and high indebtedness are challenges.

9/12/2022 Rating announcement EN
Scope upgrades the Republic of Cyprus's credit ratings at BBB; Outlook revised to Stable
Better-than-expected economic and fiscal outcomes, a favourable public debt trajectory and continued strengthening in the banking sector drive the upgrade. A small, open economy, large non-performing exposures and macroeconomic imbalances are challenges.

24/6/2022 Rating announcement EN
Scope affirms the Republic of Cyprus's credit ratings at BBB-; Outlook revised to Positive
Solid growth and consolidation prospects underpinned by structural reform and sustained strengthening of the banking sector drive the Outlook change. An open and concentrated economy, elevated non-performing exposures and high indebtedness are challenges.

14/1/2022 Rating announcement EN
Scope affirms the Republic of Cyprus's credit ratings at BBB- with a Stable Outlook
Strong growth potential, solid fiscal consolidation prospects, and structural reform momentum support the ratings. An externally dependent and concentrated economy, banking sector fragilities and high public, private and external debt are challenges.

23/8/2019 Rating announcement EN
Scope affirms Cyprus’ credit rating of BBB- with Stable Outlook
Strong economic recovery, sustained fiscal consolidation, and euro area membership support the rating; a concentrated and externally-dependent economy, vulnerabilities in the banking sector and elevated public, private and external debt are constraints.
Date | Title |
---|