Cyprus faces three credit rating reviews in September

Nicosia, Cyprus. Cyprus is scheduled to receive three credit rating decisions in September, before Fitch and Moody’s issue further assessments in November. The reviews follow recent confirmations of the Republic’s investment-grade ratings.

September rating decisions

DBRS Morningstar is due to announce its decision on September 4, followed by Standard & Poor’s and Capital Intelligence Ratings 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.

Recent assessments

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.

S&P confirmed Cyprus at A- with a positive outlook on March 20, stating that the economy was expected to maintain strong growth in the coming years.

Capital Intelligence Ratings confirmed Cyprus at BBB+ with a stable outlook on March 20. Its next assessment is scheduled for September 18.

November reviews

Fitch is scheduled to issue its next assessment on November 6, followed by Moody’s on November 20.

Fitch maintained Cyprus at A- with a positive outlook on May 8. Moody’s completed a periodic review on May 29, retaining its A3 rating with a stable outlook.

The upcoming reviews come as the government maintains that Cyprus’ economy remains resilient despite external pressures.