S&P affirms RCB Bank’s “BB-” rating with stable outlook

The S&P Global Ratings reaffirmed RCB Bank long- and short-term credit ratings at “BB-/B”, on the back of sustainable asset quality and strong capitalisation position, with stable outlook.

This rating, in conjunction with those of other international rating agencies, continue to rank RCB Bank as one of the institutions with the highest ratings in Cyprus.  

RCB Bank’s strengths, such as its strong capitalisation and the sustainable asset quality positions, are amongst S&P’s major rating factors.

The S&P rating constitutes yet another confirmation that RCB Bank maintains a strong and stable position.