Capital Intelligence affirms Bank of Cyprus’ ratings

Capital Intelligence Ratings (CI Ratings or CI) affirmed Bank of Cyprus’ Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency (ST FCR) of Bank of Cyprus (BoC) at `BB-` and `B`, respectively.

At the same time, CI Ratings affirmed BoC`s Bank Standalone Rating (BSR) of `bb-`, Core Financial Strength (CFS) rating of `bb-`, and Extraordinary Support Level (ESL) of Uncertain. The Outlook for the LT FCR and BSR is Stable.

Source: Cyprus News Agency