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Fitch affirms Russia s sovereign rating at BBB, outlook stable - Business & Economy

Fitch affirms Russia s sovereign rating at BBB, outlook stable - Business & Economy
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Fitch Ratings: Negative Outlook for Panama - CentralAmericaData :: The Regional Business Portal

Export credit agencies of UAE, India join hands to enhance trade, economic cooperation

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Fitch affirms Slovenia s rating at A , outlook at stable

Fitch affirms Slovenia s rating at A , outlook at stable Fitch (Author: fitchratings.com) License: all rights reserved. LJUBLJANA (Slovenia), December 22 (SeeNews) - Fitch Ratings said it affirmed Slovenia s long-term foreign-currency Issuer Default Rating (IDR) at A with a stable outlook. Slovenia s ratings are supported by high governance and human development indicators and a credible policy framework supported by EU membership. These are balanced against currently rising and high public debt relative to A rated peers, the economy s small size, and slow progress in implementing structural reforms to address medium-term fiscal and growth challenges associated with an ageing population, Fitch said in a statement on Friday.

Fitch affirms Adnoc Group s AA+ rating - News

Fitch affirms Adnoc Group’s AA+ rating Adnoc raised $15.9 billion through a series of large-scale energy infrastructure transactions during 2020. Wam Best-in-sector ratings remain the highest currently assigned by Fitch to any oil and gas company in the world. Fitch Ratings (Fitch) has affirmed Adnoc Group a standalone credit rating of AA+ and a long-term Issuer Default Rating (IDR) of AA with a stable outlook, in line with the sovereign rating of Abu Dhabi, reflecting Fitch’s view of the strong links between Adnoc and the Abu Dhabi government. Both the standalone and long-term IDR rating remain the highest ratings currently assigned by Fitch for any oil and gas company, globally.The rating reflects high upstream production; vast oil reserves; very low cost of production; integration into downstream operations; very conservative financial policies; high financial flexibility and low leverage, and its strong unit profitability.

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