Move was on the cards due to positive outlook
Citing adequate capital, strong parent
Following the upgrade of Hungary’s macro profile
As recovery begins
Erste, K&H ratings improved from Baa2 to Baa1.
A widely expected but most welcome change, nonetheless.
First may come as soon as next week.
It will turn out late on Friday.
Long-term and short-term LC deposit ratings upgraded.
Along with Russia, Bulgaria and others.
One step closer to a rating upgrade.
Outlook remains stable.
The rating agency has recently upgraded FHB's deposit ratings too.
Positive outlook on Hungary from Tokyo.
Could things get even better in 2017?
But the question is, are they likely to take action?
Demand soared, yields fell.