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November 2025

Fitch Ratings Upgrades Bank of Cyprus IDR to ‘BBB’

Nicosia: Fitch Ratings has upgraded the Bank of Cyprus’ Long-Term Issuer Default Rating (IDR) to ‘BBB’ from ‘BBB-‘ and Viability Rating (VR) to ‘bbb’ from ‘bbb-‘. The Outlook on the Long-Term IDR is Stable. According to Cyprus News Agency, the credit agency stated that the upgrade reflects the improvement of

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Important Energy Announcements Expected During President’s Lebanon Visit

Beirut: President of the Republic, Nikos Christodoulides, is visiting Lebanon today, with the primary focus on issues of energy cooperation and broader regional aspects. On Tuesday, the President indicated that he would make announcements on ‘two important issues’ from Beirut. According to Cyprus News Agency, Government Spokesperson Konstantinos Letymbiotis emphasized

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