Browsing: Fitch Ratings

In its recent assessment, Fitch Ratings has highlighted the robustness of Kuwait’s banking sector, noting that banks in the country are well-capitalized

Fitch Ratings has downgraded Ukraine’s credit rating to ‘restricted default’ on Tuesday, citing the expiry of a ten-day grace period for the coupon payment on the country’s $750 million 2026 Eurobond, which was due on August 1.

Fitch Ratings downgraded Israel’s long-term credit rating on Tuesday, citing the impact of the war in Gaza. Moody’s and S&P Global also cut their credit ratings

US-based credit rating agency Fitch has warned of an imminent default in Ukraine, announcing in a statement on Wednesday that it had further downgraded Kiev’s credit rating. 

RIYADH: The unavailability of certain key data has led Fitch Ratings to withdraw from categorizing Lebanon, as the agency no longer has sufficient information to maintain its assessment of the nation. 

Fitch has affirmed ‘AA-’ rating for the UAE with a stable outlook, based on the Emirate’s strong external asset position and a high GDP per capita.

Muscat: International ratings agency Fitch Ratings has affirmed the Sultanate of Oman’s Long-Term Issuer Default Rating (IDR) at ‘BB+’ with a stable outlook

RIYADH: Global sukuk issuance is expected to continue growing in the remaining months of this year, driven by funding and refinancing demands, Fitch Ratings said.