S&P confirms RCB Bank’s “BB-/B” rating with stable outlook

s&p-confirms-rcb-bank’s-“bb-/b”-rating-with-stable-outlook
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S&P Global Ratings has published its annual report on RCB Bank, confirming its “BB-/B” long- and short-term counterparty credit ratings with stable outlook.According to a press release by the bank, “RCB continues to hold the highest rating level amongst Cypriot banks.”“RCB Bank’s strengths, such as strong capitalization, good asset quality, as well as good profitability through the cycle are amongst S&P’s major rating factors”, the press release points out.It adds that the agency views the steady growth of domestic business …

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