Press Releases - Category: Country
Displaying 1-10 of 32 results.
Tuesday, Jun 11, 2019
MARC recommends affirming the Republic of Singapore’s (Singapore) foreign currency sovereign rating of AAA with a stable outlook based on its national rating scale. The AAA rating reflects Singapore’s prudent economic management, robust external position, high fiscal discipline, as well as strong governance and institutions. Its credit strengths are, however, tempered by its susceptibility to...

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Wednesday, May 15, 2019
MARC has affirmed Malaysia’s sovereign rating of AAA with a stable outlook based on its national scale. The AAA rating reflects the resilience of the Malaysian economy, its effective monetary policy, as well as healthy external position. Its rating strengths are, however, tempered by persistent fiscal deficits, high government debt and rising contingen...

This article has been viewed 55 times.
Monday, Mar 18, 2019
MARC has assigned a foreign currency sovereign rating of AAA to the People’s Republic of China (China) with a stable outlook based on its national rating scale. The AAA rating reflects the strength of China’s large resilient economy, robust external position and its reform agenda. Its rating strengths are, however, tempered by its highly leveraged non-financial corporate sector and the US-Chi...

This article has been viewed 70 times.
Wednesday, Sep 19, 2018
MARC has affirmed its public information foreign currency sovereign rating of AAA/stable on the Republic of Korea (South Korea), based on its national rating scale. The rating reflects South Korea’s economic resilience, sound fiscal position and strong external position. Its rating strengths are, however, tempered by its rapidly ageing population and geopolitical risk stemming from North Ko...

This article has been viewed 116 times.
Monday, Aug 13, 2018
MARC has affirmed its public information foreign currency sovereign rating of AAA/stable on Kuwait, based on its national rating scale. The rating reflects Kuwait’s stable economic system that is supported by large oil reserves, large financial buffers, as well as a strong external balance sheet. Its rating strengths are, however, tempered by the economy’s dependence on oil and weak governanc...

This article has been viewed 139 times.
Tuesday, Jul 03, 2018
MARC has, based on its national rating scale, affirmed its public information foreign currency sovereign rating of AAA/stable on Singapore. The AAA rating reflects Singapore’s prudent macroeconomic management, strong fiscal and external positions, as well as credible governance and institutions. Its strengths are, however, moderated by its rapidly ageing population, which could pose challenges ...

This article has been viewed 154 times.
Thursday, May 31, 2018
MARC has affirmed Indonesia’s foreign currency sovereign rating of AA- with a stable outlook based on its national rating scale. The rating reflects MARC’s opinion of the sovereign’s ability to meet its foreign currency obligations in full and on time. The government of Indonesia has no debt rated by MARC. Economic resilience continues to be the biggest rating support. In 2017, economi...

This article has been viewed 175 times.
Monday, Dec 04, 2017
MARC has affirmed South Korea’s foreign currency sovereign rating of AAA with a stable outlook based on the rating agency’s national rating scale. The rating reflects MARC’s opinion of the sovereign’s ability to meet its foreign currency obligations in full and on time, without respect to specific securities or payment obligations. The rating also serves as a country ceiling for ringgit-d...

This article has been viewed 227 times.
Wednesday, Nov 22, 2017
MARC has affirmed Hong Kong Special Administrative Region of China’s (Hong Kong) foreign currency sovereign rating of AAA with a stable outlook based on its national rating scale. The rating and outlook reflect Hong Kong’s resilient and competitive economy, as well as strong fiscal and external positions. Its sovereign credit strengths are, however, tempered by property market risk and exposu...

This article has been viewed 193 times.
Monday, Oct 02, 2017
MARC has affirmed the State of Kuwait’s (Kuwait) foreign currency sovereign rating of AAA with a stable outlook based on its national rating scale. The rating is underpinned by Kuwait’s substantial proven crude oil reserves. One of the world’s richest countries, it has one of the Middle East’s oldest and most financially stable economic systems. Thanks to oil revenue, which continues...

This article has been viewed 237 times.