Advertisement 
Fitch Ratings has revised Bank of Cyprus Public Company Limited`s (BoC, B-/Positive/B) conditional pass-through (CPT) mortgage covered bonds` Outlook to Positive from Stable and affirmed the rating at `A`.The rating action follows the Outlook revision to Positive (from Stable) on Cyprus`s Long-Term Foreign-Currency Issuer Default Rating (IDR) dated 11 October 2019.According to Fitch the Positive Outlook mirrors that on Cyprus`s IDR. It also takes into account the unused notches in terms of uplift factors applicable to the programme rating and …
Advertisement
Advertisement
