S&P upgrades Lebanon credit rating

Standard & Poor’s Ratings Services raised Lebanon’s sovereign-credit ratings and gave them a positive outlook because of banking resilience and the expectation of political stability in the medium term. Over three years of political flux, Lebanon’s public finances and especially its banking system remained resilient, according to S&P. In addition, the new party consensus improves […]

Moody’s revised to positive Lebanon’s credit ratings

Moody’s Investors Service on Thursday said it could upgrade Lebanon’s credit ratings if the government continues to improve the ability to finance its wide fiscal deficit, while avoiding political instability. The ratings agency revised to positive from stable the outlook on Lebanon’s B2 credit ratings, saying the decision reflects the continued improvement in the country’s […]