Cyprus awaits three credit rating decisions in September

Nicosia, Cyprus. Cyprus is due to receive three credit rating decisions in September, with DBRS Morningstar, Standard & Poor’s and Capital Intelligence Ratings scheduled to review the Republic’s standing. Fitch and Moody’s are expected to follow with assessments in November.

Rating timetable

Canadian agency DBRS Morningstar is scheduled to announce its decision on September 4. Standard & Poor’s and Capital Intelligence Ratings are due to publish their decisions on September 18.

Cyprus currently holds investment-grade ratings from all major international agencies. Recent assessments have cited continued economic growth, strong public finances and a resilient banking sector.

DBRS assessment

DBRS confirmed Cyprus at A with a stable outlook on March 13, 2026, citing the economy’s continued strong growth momentum during the previous year.

The agency said the rating was supported by the government’s strong fiscal performance in recent years, the banking sector’s strong financial position and a stable domestic political environment.

Digital cooperation

The Digital Cooperation Organisation has launched a study calling for greater international cooperation to help countries strengthen digital sovereignty and resilience as artificial intelligence becomes increasingly concentrated among a small number of technology providers.

Cyprus is a member of the DCO, which brings together countries seeking to promote digital cooperation and the development of digital economies. Cyprus has sought to deepen its engagement with the organisation as it develops its position as a regional centre for technology, investment and digital services.

During a visit to Cyprus in June, DCO Secretary-General Deemah AlYahya held talks with government, business and technology stakeholders on digital investment, artificial intelligence, connectivity and infrastructure.

Consumer behaviour

Cyprus consumers are visiting supermarkets more often, comparing prices across several stores and avoiding unnecessary purchases.