You have 10 free articles left this month. Get your freeBasic subscription now and gain instant access to more.

Fitch, Moody's likely to upgrade Slovenia's credit rating in 2020 - Erste

Author Iskra Pavlova
Fitch, Moody's likely to upgrade Slovenia's credit rating in 2020 - Erste Credit Rating by NY (http://nyphotographic.com), Licenced under Creative Commons 3 - CC BY-SA 3.0

LJUBLJANA (Slovenia), October 9 (SeeNews) - Rating agencies Fitch and Moody's are likely to upgrade Slovenia's credit rating next year, to align it to the one assigned by Standard & Poor's, Erste Group said.

"Slovenia is currently the best rated by S&P, but the dispersion within ratings is huge," Erste Group said in a CEE Special report last week.

"Therefore, a one-notch upgrade from Fitch is likely within the next year (currently two notches below S&P) and even a two-notch upgrade from Moody’s (currently four notches below S&P)," Erste said.

S&P's credit rating for Slovenia stands at AA- with stable outlook, while the rating given by Moody's is set at Baa1 with positive outlook and the Fitch rating is assigned at A with stable outlook.

Compare