Malta

Malta receives first-time credit rating of A+

  • By: Melissa Speigner
  • Malta
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Scope Ratings has categorized the Republic of Malta an A+ long-term issuer and senior unsecured local- and foreign-currency rating for the first time. Scope also gave the island a short-term issuer rating of S-1+ in both local and foreign currency. All Outlooks were categorized as Stable. The new rating was based on the country’s euro […]

Fitch upgrades Malta’s credit rating to A+

  • By: Corrieri Cilia Legal
  • Malta
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Fitch, a rating agency, has now upgraded Malta’s Long-Term Foreign and Local-Currency Issuer Default Ratings (IDR) to ‘A+’ from ‘A’ with a stable outlook. Malta returned to the A+ category following the downgrade four years ago to category ‘A’, with the agency naming substantial fiscal slippage as the purpose for the September 2013 demote. Fitch […]

Oct 29th, 19:47 Malta signs agreement on exchange of tax information Malta has joined 50 states and jurisdictions in signing the Multilateral Agreement on The Automatic Exchange of Tax Information in Berlin, under the aegis of the OECD. Finance Minister Edward Scicluna said this was an important step in the fight… Read more at: //www.timesofmalta.com/articles/view/20141029/local/malta-signs-agreement-on-exchange-of-tax-information.541837

Fitch Affirms Malta at ‘A’; Outlook Stable

  • By: Corrieri Cilia Legal
  • Malta
  • 0 Comments

The following statement was released by the rating agency: LONDON, September 12 (Fitch) Fitch Ratings has affirmed Malta’s Long-term foreign and local currency Issuer Default Rating (IDRs) at ‘A’. The Outlooks are Stable. The issue ratings on Malta’s senior unsecured foreign and local currency bonds have also been affirmed at ‘A’. The agency has also affirmed Malta’s […]