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
Country | Moody's Investors Service | Standard & Poor's |
---|---|---|
Long-term / Outlook | Long-term / Outlook | |
Albania | B1 / stable | B+/ stable |
Bosnia and Herzegovina | B3 / stable | B / positive |
Bulgaria | Baa2 / positive | BBB / positive |
Montenegro | B1 / positive | B+ / stable |
Greece | B1 / stable | BB- / positive |
Croatia | Ba2 / positive | BBB- / stable |
Hungary | Baa3 / stable | BBB / stable |
North Macedonia | - | BB- / stable |
Romania | Baa3 / stable | BBB- / negative |
Slovenia | Baa1 / positive | AA- / stable |
Serbia | Ba3 / positive | BB+ / positive |