Tag: Fitch Ratings

Fitch rates Morocco “BB+” with stable outlook

May 14, 2022

Fitch Ratings agency has affirmed Morocco's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BB+' with a Stable Outlook due to favorable debt composition, reasonably comfortable ... Read More

Fitch Ratings downgrades Tunisia to ‘CCC’

March 22, 2022

Fitch Ratings has downgraded Tunisia's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CCC' from 'B-', reported Tunisian News Agency TAP. The agency said that the ... Read More

Fitch Ratings highlights resilience of Moroccan banks

October 13, 2021

Credit fundamentals of major Moroccan banks are recovering slowly from the negative impacts generated by the covid-19 pandemic, says Fitch Ratings. The global health crisis ... Read More

Fitch Ratings underscores Morocco’s macroeconomic stability, external liquidity buffers

May 8, 2021

Despite the coronavirus crisis impact, Morocco maintains macroeconomic stability, low inflation and a relatively comfortable level of foreign exchange reserves that act as external liquidity ... Read More

Morocco’s Central Bank upset at Fitch rating unprofessional move

December 16, 2020

The degradation of Morocco’s credit rating by Fitch on the eve of a Moroccan issuance of an international bond is unprofessional and unethical, said central ... Read More

Fitch downgrades three Moroccan banks

May 19, 2020

Fitch Ratings has revised its outlook on Moroccan banks Attijariwafa Bank, Bank of Africa, and Credit Immobilier et Hotelier (CIH) to Negative from Stable, while ... Read More

Fitch Ratings: Morocco has Buffers against Pressure on its Finances due to Covid-19

March 26, 2020

Pressure exerted on Morocco's current account deficit (CAD) and external finances have increased significantly due to the COVID-19 pandemic global shock, Fitch Ratings says. However, ... Read More

Morocco’s CDG Capital Fund Receives Fitch Top Rating

September 17, 2019

Fitch Ratings has assigned “Excellent” score to the Moroccan fund CDG Capital Gestion, with a stable outlook. This top rating has been awarded to the ... Read More

Fitch Affirms Morocco’s BBB-Rating, with Stable Outlook

April 12, 2019

Fitch Ratings has affirmed Morocco's long-term foreign-currency Issuer Default Rating (IDR) at 'BBB-' with a stable outlook, praising the country’s macroeconomic stability, its comfortable external ... Read More

Fitch Gives Morocco BBB- Rating with Stable Outlook

November 14, 2018

Fitch Ratings gave Morocco 'BBB-' rating with a stable outlook due to the country’s macroeconomic stability, comfortable external buffers and a low share of foreign-currency ... Read More