New York, August 7 (FinanceEnquiry.com) – Analysts at Moody’s Investors Service has downgraded the government guaranteed debt ratings of Abanka Vipa and Factor Banks from A2 to Baa2. Moody’s also downgraded the issuer and senior unsecured ratings of SID Banka, a government owned specialized bank whose liabilities benefit from a government guarantee from A2 to Baa2.
In a research note published yesterday, the analysts mention that in downgrading the government debt issuance of both entities to Baa2 with a negative outlook from A2, Moody’s notes that the rating was at the same level as the Slovenian government bond rating. This indicates the Republic of Slovenia’s unconditional and irrevocable guarantee of the due and punctual payment of all sums due and payable by both the entities as contractually required under the conditions of this debt instrument.
Moody’s downgraded the issuer and senior unsecured ratings of SID Banka, which was a government owned specialized development bank by three notches, from A2 to Baa2 with a negative outlook. The bank continues to be rated at the same level as the government bond rating on the basis of the bank’s full ownership by the government, an explicit government guarantee on all the bank’s liabilities and the bank’s policy mandate in extending funding to development projects and the promotion of export activities in the Slovenian economy, the analysts say.
New York, June 18 (FinanceEnquiry.com) – The yen lengthened losses in opposition to the dollar and the euro in view of the fact that investors waited for the result of the Federal Reserve meeting beginning...
New York, June 17 (FinanceEnquiry.com) – The dollar inched higher in opposition to the yen and euro at the same time as European shares and Asian shares recovered some of the losses of prior week on June 17....
New York, June 14 (FinanceEnquiry.com) – Sooner than market start of June 14, Wall Street stock futures were observing small motion.
By 0.03 percent, NASDAQ 100 index stock futures were high to 2,...
New York, June 13 (FinanceEnquiry.com) – Samsung Galaxy S4 Zoom, a brand new invention by Samsung mobile makers, will be in the mobile stores in the very next quarter and if Samsung continues to...
New York, June 12 (FinanceEnquiry.com) – As soon as uncertainties appeared over how early the Federal Reserve would curb its ultra- loose monetary policy, which weighed on the dollar, the euro reached a more...
New York, June 11 (FinanceEnquiry.com) – In view of the fact that the Bank of Japan let down investors by failing to enlarge monetary stimulus and apprehension rose that the Federal Reserve will...
New York, June 10 (FinanceEnquiry.com) – The Micro-SIM carrying Samsung I9295 Galaxy S4 Active is expected to enter in the mobile industry in the third quarter of the year. As per the...
New York, June 7 (FinanceEnquiry.com) – Showing an indication the economy was rising in a modest manner but not robustly enough to persuade the Federal Reserve to downsize the amount of cash it is driving...
New York, June 6 (FinanceEnquiry.com) – With investors prepared to pay attention to what the president of the European Central Bank (ECB) may speak in relation to endeavors to help the bothered euro-zone economy,...
New York, June 4 (FinanceEnquiry.com) – In view of the fact that traders reduced their hopefulness on the subject of the US economy after a report that gave you an idea about lessening factory action, the cost...
