Bank of Cyprus Credit Ratings and Financial Position
A3
Baa1
Baa2
Baa3
Ba1
Ba2
Ba3
B1
B2
B3
Caa1
Caa2
Caa3
Ca
ပီပ
Steadily improving credit ratings for BOC
Moody's upgraded rating to Ba1; outlook positive
Dec 14
May 15
Oct 15
Mar 16
Aug 16
Dec 16
May 17
Sep
17
BOC-Moodys long-term deposit
rating
Sovereign rating
Fitch upgraded rating to B+; outlook positive
AS-
BBB+
BBB
BBB-
BB+
BB
BB-
B+
B
B-
CCC+
CCC
CCC-
CC
C+,C,C-
Dec 14
Apr 15
Sep 15
Feb 16
Jun 16
Nov 16
Apr 17
BOC-Fitch Long-term Issuer Default
Rating
Sovereign rating
Aug 17
Jun 18
Nov 18
Jan
Apr 19
Sep 19
Feb 20
Jul 20
Dec 20
May 21
Oct 21
Mar 22
Aug 22
Dec 22
Oct
21
Feb 22
Jul 22
Dec 22
B+
BBB
May 23
A-
BBB+
BBB
Investment grade
Ba1
BBB-
BB+
BB
BB-
B+
B
B-
CCC+
CCC
CCC-
Investment grade
CC
C+,C,C-
Oct 17
S&P upgraded rating to BB+; outlook positive
BOC-S&P Long-term Issuer Credit
Rating
Sovereign rating
20
Dec 17
Mar 18
Jun 18
Aug 18
Nov 18
Feb 19
May 19
Aug 19
Nov 19
May
Aug 20
Nov
May
Aug 2
Nov 21
Feb 22
May 22
Bank of Cyprus
LT
KOINO
KYMPI
BBB
Investment grade
BB-
LT
Cyprus
Sovereign
Credit rating
Deposit Counterparty
Risk Rating
rating
Outlook
Senior
Unsecured
Debt
Subordinate
(Tier 2)
MOODY'S
Ba1
Ba1
Baa3
Positive
Ba3
B1
S&P Global
Ratings
BBB
N/A
BB+
Positive
BB-
CCC
Fitch Ratings
BBB
BB-
N/A
Positive
N/A
N/A
32View entire presentation