End of consultation period and publication of a final version of GRE methodology
Friday, 11 January 2019

After end of the consultation period for the proposed new Methodology for Analysing Relationships Between Rated Entities and the State under the International Scale (Methodology), the final methodology was published.

ERA closed the consultation period without comments. ERA starts using this methodology in first half of 2019.

Link to the Methodology

ERA rates Hungary BBB, outlook Stable
Friday, 30 November 2018

ERA issues the following unsolicited credit rating for Hungary.

The unsolicited credit rating assigned to Hungary stems from a strong economy, sound private sector finances, and above average governance indicators. The rating is restricted by high government debt load, high structural deficits, and low foreign reserves indicators.
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ERA rates Eurasian Development Bank BBB+, outlook Stable
Friday, 09 November 2018

The credit rating of Eurasian Development Bank (hereinafter, EDB) is due to the support of member states in the group along with the moderately high systemic importance of funded projects, moderate business profile, high capital adequacy, weak risk profile, and adequate funding and liquidity position.